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Old 05-10-2011, 06:04 AM   #51
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They just want to fuck Canada and USA back for lottery and immigration fees stolen from applicants.
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Old 05-10-2011, 06:11 AM   #52
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They say going south is best bet for Americans ;)
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Old 05-10-2011, 06:17 AM   #53
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they want to make sure there are enough rich americans in their country(ies) to kidnap
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Old 05-10-2011, 06:35 AM   #54
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I've heard some countries are going to be running ads in the US to get wealthy Americans to completely move, even offering deals like instant citizenship, no taxes, and interest free loans for their business.
"instant citizenship, no taxes, and interest free loans" Hmm... What for???
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Old 05-10-2011, 06:36 AM   #55
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You're going to see a mass exodus from the USA soon for those who can afford it.

Especially if nations are granting instant citizenship.
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Old 05-10-2011, 06:38 AM   #56
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Australia?

Australia?
What is it like there?

PROS: non-contiguous land mass, good resources, hard to take over, good infrastructure, western values, irreligious, reasonable currency.

CONS: angry indigenous minority, unstable administration, spiders, snakes, sharks
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Old 05-10-2011, 06:38 AM   #57
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The rich are paying some of the lowest taxes since the 1920's they arent going anywhere.
It's cool to live in Russia. I pay 6% tax from all my earnings, while the highest possible tax rate here is only 13%
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Old 05-10-2011, 06:57 AM   #58
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It's cool to live in Russia. I pay 6% tax from all my earnings, while the highest possible tax rate here is only 13%
That's not bad.

Do Russians have to pay tax to the gov if they move out of Russia?
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Old 05-10-2011, 07:17 AM   #59
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I would move back to the USA if I was legally allowed too...
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Old 05-10-2011, 07:59 AM   #60
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That's not bad.

Do Russians have to pay tax to the gov if they move out of Russia?
As far as I know, you don't need to pay taxes to the Russian gov if you already paying them in that country where you moved to work.
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Old 05-10-2011, 08:06 AM   #61
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Unless you renounce your U.S. citizenship, you still fall under the IRS jurisdiction.

I am sure that most of these 'rich bitches' have solid CPA's or tax attorneys for such things. But just living in another country or hiding your money in another country does not free you from Uncle Sam.
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Old 05-10-2011, 08:33 AM   #62
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I've heard some countries are going to be running ads in the US to get wealthy Americans to completely move, even offering deals like instant citizenship, no taxes, and interest free loans for their business.
Nothing new there. I've seen those kinds of offers off and on for years now.

This website is a great resource for info on relocating out of the U.S.

http://internationalliving.com/publi.../expat-advice/

As far as taxes go....

http://internationalliving.com/publi...-advice/taxes/
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Old 05-10-2011, 09:34 AM   #63
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This has been going on for years. Come to Panama where you can have a high tech business tax free, a visa and eventually citizenship in several special zones. Dell has been here for years.
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Old 05-10-2011, 10:02 AM   #64
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This has been going on for years. Come to Panama where you can have a high tech business tax free, a visa and eventually citizenship in several special zones. Dell has been here for years.
That's what I have been told too, and I'm considering it if I move again.
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Old 05-10-2011, 10:11 AM   #65
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I hope they fuckin leave.

they ain't doing anything useful here, and if they are gone, it just opens up space for somebody less useless.
Of course, everybody knows that the people that are smart enough, creative enough, work hard enough, and are willing to take enough risks to make a lot of money are certainly useless....

If only we could just get rid of all those people then the people left over would make the USA the very best place on earth!!!









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Old 05-10-2011, 10:22 AM   #66
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Think about this:

If the USA economy goes to Hell in A Handbasket, what with it being so closely tied to whe world economy and things are bad in the USA, what will things be like in other countries? Panama could and would nationalize your shit in a heartbeat to cover its own ass. Giving up US citizenship does not necessarily elminate US tax obligations, by the way.

You really want YOUR propety held by a corporation in a Third World country which has laws prohibiting direct ownership by non-citizens?

I don't think so but do what you like. I'm hunkering down, figuring ways to profit from the coming even more economically troubled times.
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Old 05-10-2011, 10:44 AM   #67
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The rich are paying some of the lowest taxes since the 1920's they arent going anywhere.
incorrect as usual
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Old 05-10-2011, 10:47 AM   #68
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I hope they fuckin leave.

they ain't doing anything useful here, and if they are gone, it just opens up space for somebody less useless.
amazing how the rabble think
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Old 05-10-2011, 10:55 AM   #69
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My girlfriend and I have been discussing this quite a bit lately. Mostly because we live in NY, which has the highest property tax in the country...and we're in one of the counties that get's hit the hardest. We pay just under $1000 a month for property tax. At this point, we would be happy to just get out of state.

Something like this from a country like Belize or Costa Rica would have me seriously considering a move south.
Most Caribbean nations offer citizenship if you buy real estate in excess of a certain amount. St Kitts & Nevis is a $250k real estate investment for citizenship.
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Old 05-10-2011, 11:06 AM   #70
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go to Greece
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Old 05-10-2011, 11:08 AM   #71
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Probably they have enough of Uncle Sam and Orwell reality. Russia seems to be the right choice today!
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Old 05-10-2011, 11:21 AM   #72
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Tons of old people are moving there for retirement, imagine all the money going with them.


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Lot of company owners have already moved to other countries. I hear Panama is an awesome place to live for an American with a little bit of money.
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Old 05-10-2011, 11:31 AM   #73
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I've heard some countries are going to be running ads in the US to get wealthy Americans to completely move
I'm guessing you've never been an American living in a foreign country.
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Old 05-10-2011, 11:31 AM   #74
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As an American if you earn an income, you pay taxes on it no mater what. It doesn't make a difference where you live or what you do. The only way out of this is to give up your citizenship.
Foreign Earned Income Credit gives you a 90K tax break if you live and work abroad plus you get deductions.

It is very easy to pay almost no taxes while living and working abroad, unless you're making crazy money. If someone made less than the Foreign Earned Income Credit limit, you would actually pay zero taxes, legally. Also, no state tax.

There is simply no reason to give the US government any more money than you have to.
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Old 05-10-2011, 11:35 AM   #75
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Think about this:

If the USA economy goes to Hell in A Handbasket, what with it being so closely tied to whe world economy and things are bad in the USA, what will things be like in other countries? Panama could and would nationalize your shit in a heartbeat to cover its own ass. Giving up US citizenship does not necessarily elminate US tax obligations, by the way.

You really want YOUR propety held by a corporation in a Third World country which has laws prohibiting direct ownership by non-citizens?

I don't think so but do what you like. I'm hunkering down, figuring ways to profit from the coming even more economically troubled times.
And you think your property is safe in the USA?

Default on a tax payment and see what happens to the things you "own."

Ever here of Eminent Domain? You could lose your shit that way too.

Bottom line is, your "things" are not 100% safe anywhere.
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Old 05-10-2011, 10:31 PM   #76
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And you think your property is safe in the USA?
lol i read his comment.
sounds like a guy who gets his expat info from movies and tv shows.

he has obviously never lived outside the US.

how's the weather up there today? enjoying this non-summer summer?

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Old 05-10-2011, 10:55 PM   #77
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Foreign Earned Income Credit gives you a 90K tax break if you live and work abroad plus you get deductions.

It is very easy to pay almost no taxes while living and working abroad, unless you're making crazy money. If someone made less than the Foreign Earned Income Credit limit, you would actually pay zero taxes, legally. Also, no state tax.

There is simply no reason to give the US government any more money than you have to.
I did forget about the foreign credit.. If you're a single person or an older retired couple, 90k a year or less, is a good deal of money. But that would mean we are taking a pay cut, prob me not working at all, the gain in tax benefits wouldn't out weight the loss in income, until one us is ready to relax work wise.

One of these days we'll head out, as long as it's to a warm place this time!
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Old 05-10-2011, 10:59 PM   #78
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Nothing new, many countries have offered incentives for Americans to leave America its been ongoing for many many many many decades now.
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Old 05-10-2011, 11:00 PM   #79
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Nothing new, many countries have offered incentives for Americans to leave America its been ongoing for many many many many decades now.
gotta make room for new border hoppers


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Old 05-10-2011, 11:04 PM   #80
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incorrect as usual
Yeah businessweek made it up lol
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Old 05-10-2011, 11:59 PM   #81
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amazing how the rabble think
another childlike comment from the endless source of stolen content-free oneliners.

you never support any of your whining petulance, or say anything that a freeper teenager wouldn't have said.

so explain to me why losing any one wealthy person or any thousand wealthy persons hurts this country, where there are hundreds of thousands happy to take their place, hungrier than them to create businesses?

anyone who would leave wasn't going to contribute anything anyway, and had already decided to fuck this country, so in what possible way are we harmed by seeing them run?

but you don't have the mental ability to answer such questions, you are limited to that endless unsupported babywail which is what the great 12clicks has become.

and you don't know thing fucking one about me - except that I've been here as long as you have.
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Old 05-11-2011, 12:17 AM   #82
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so explain to me why losing any one wealthy person or any thousand wealthy persons hurts this country, where there are hundreds of thousands happy to take their place, hungrier than them to create businesses?
Bill, I would say that just because there are lots of people wanting to take the place of wealthy people...it doesn't quite work like that.

People don't just become wealthy and take an empty spot.

I would say that if a mass exodus of wealth leaves the country that it absolutely does hurt.
There is a reason that certain states offer all kinds of incentives to attract business and people with wealth to move to their state.

Same thing with countries.
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Old 05-11-2011, 12:57 AM   #83
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I have lived outside the US border for a few years and I dont miss my life one bit. My life in a 3rd world muslim country is far less intrusive and I actually find more opportunities here.
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Old 05-11-2011, 05:07 AM   #84
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I could live in the "states" - been there three times on business - The ozzie dollar buys a lot there now! It's just a bugger that I get paid in USD
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Old 05-11-2011, 05:14 AM   #85
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Old 05-11-2011, 06:16 AM   #86
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and you don't know thing fucking one about me - except that I've been here as long as you have.
I can add nothing more to your lack of accomplishment than you've already stated here.
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Old 05-11-2011, 06:56 AM   #87
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You clowns that run out of the USA to a third world will quickly realize your Americans.

Right now USA still has the best money can buy for entertainment, restaurants, healthcare and most important english conversation.
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Old 05-11-2011, 07:21 AM   #88
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so explain to me why losing any one wealthy person or any thousand wealthy persons hurts this country, where there are hundreds of thousands happy to take their place, hungrier than them to create businesses?

anyone who would leave wasn't going to contribute anything anyway, and had already decided to fuck this country, so in what possible way are we harmed by seeing them run?
.
No offense to you personally, but this may have been the silliest post I've seen in a long time. Wealth is not a zero-sum game. Nothing is stopping those "hundreds of thousands" from starting their own businesses. Having rich people around to invest in those startups actually helps them!

If you become rich it's not because someone left and you took their place. If a millionaire leaves the country, and a burger flipper moves into his house, does that mean that the guy flipping burgers is now going to generate huge amounts of income? Is he suddenly going to come out with a new smart phone, or open a chain of restaurants, or come up with a new mass cargo technology?

Great wealth is created by the people that are smart enough, creative enough, work hard enough, and are willing to take enough risks, to create a product or service that fulfills a need so large that a huge amount of wealth is generated. It's not some fixed "pie", whereby when you have more, someone else has less.

When someone like you advocates pushing out all of the producers, you will definitely NOT want to live in the state that you will have then created. You will end up in a situation where all you have is a languishing status quo, with no advancement from there on, which will eventually decay into total entropy.



.
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Old 05-11-2011, 07:32 AM   #89
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You clowns that run out of the USA to a third world will quickly realize your Americans.

Right now USA still has the best money can buy for entertainment, restaurants, healthcare and most important english conversation.
I'll give you entertainment (only if it's live) and restaurants. But health care and language, you lose. And we're not too far behind in restaurants.

Who cares about the English language when you can speak other languages? It's a big world out there, there is no reason to limit yourself to one language and location, other than laziness and silly American pride.

Healthcare can be found abroad usually MUCH cheaper than in the USA and there is no shortage of state of the art hospitals with American and Euro doctors, at a fraction of the cost. In fact, many of the hospitals I've seen in Asia blow most of the ones in the USA out of the water in both service and price. Hence the huge increase of medical tourism.

Get out and see the world and learn how it works. Then come back and make some educated comments.
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Old 05-11-2011, 07:56 AM   #90
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I did the move from the US to Panama five years ago and do not regret it for one second. Yes, I still pay US taxes, but I get a $94,000 exemption and do not pay taxes in Panama.

Infrastructure is good and I live in a very rural area. Learning Spanish has been an effort but worth the time. Anything I need is available here and anything I want and more available in Panama City. The economy is US dollar based.

Immigration is a pain but lots of people here just use tourist visas, they are good for 180 days. If anyone actually wants to know more contact me lee at dreamnet.com
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Old 05-11-2011, 07:58 AM   #91
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This has been happening... I have four family members who went back to Germany where their Father was born.

Free healthcare! Get paid to breed! Lots of beer even on public transit! And they don't even have to lock up their bicycles when they go to town.

I'm not sure they are ever coming back! LOL! And I want to move (back) to France, where my father is from. We're just like the Mexicans! ha ha
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Old 05-11-2011, 08:11 AM   #92
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No offense to you personally, but this may have been the silliest post I've seen in a long time. Wealth is not a zero-sum game. Nothing is stopping those "hundreds of thousands" from starting their own businesses. Having rich people around to invest in those startups actually helps them!

If you become rich it's not because someone left and you took their place. If a millionaire leaves the country, and a burger flipper moves into his house, does that mean that the guy flipping burgers is now going to generate huge amounts of income? Is he suddenly going to come out with a new smart phone, or open a chain of restaurants, or come up with a new mass cargo technology?

Great wealth is created by the people that are smart enough, creative enough, work hard enough, and are willing to take enough risks, to create a product or service that fulfills a need so large that a huge amount of wealth is generated. It's not some fixed "pie", whereby when you have more, someone else has less.

When someone like you advocates pushing out all of the producers, you will definitely NOT want to live in the state that you will have then created. You will end up in a situation where all you have is a languishing status quo, with no advancement from there on, which will eventually decay into total entropy.



.
well said.
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Old 05-11-2011, 05:09 PM   #93
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well said.
Thanks, but I fear it falls on deaf ears

.
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Old 05-12-2011, 06:35 AM   #94
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Thanks, but I fear it falls on deaf ears

.
of course it does.

There are those that aren't smart enough to understand and those that pander to them.
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Old 05-12-2011, 06:38 AM   #95
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"instant citizenship, no taxes, and interest free loans" Hmm... What for???
???? To spend a hell of a lot of money in their country?
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Old 05-12-2011, 06:45 AM   #96
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???? To spend a hell of a lot of money in their country?
1) To put money in THEIR banks.
2) To inject money into THEIR economy.
3) Wealthy people will usually invest in some way into the area they are living.

They are not inviting the wealthy to come so they can have tea with them.
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Old 05-12-2011, 06:57 AM   #97
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1) To put money in THEIR banks.
2) To inject money into THEIR economy.
3) Wealthy people will usually invest in some way into the area they are living.

They are not inviting the wealthy to come so they can have tea with them.
Exactly. And I can tell you that I for one am always scheming up new projects and new ways to make money. Put me in a country like Panama or Costa Rica or similar where it's a million times easier & cheaper to open a brick and mortar business than it is here in the U.S. and I guarantee you I'll have something going on locally that will boost the economy...preferably a titty bar. heh-heh
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Old 05-12-2011, 07:06 AM   #98
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I did forget about the foreign credit.. If you're a single person or an older retired couple, 90k a year or less, is a good deal of money. But that would mean we are taking a pay cut, prob me not working at all, the gain in tax benefits wouldn't out weight the loss in income, until one us is ready to relax work wise.

One of these days we'll head out, as long as it's to a warm place this time!
No, it just means that you would have to pay taxes on the amount earned over $91,500.

And this is earned income, not passive income, capital gains, etc. These earning do not qualify for the FEITC.
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Old 05-12-2011, 07:08 AM   #99
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1) to put money in their banks.
2) to inject money into their economy.
3) wealthy people will usually invest in some way into the area they are living.

They are not inviting the wealthy to come so they can have tea with them.
of course. ?
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Old 05-12-2011, 07:09 AM   #100
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i don't have a problem with any americans who are not happy living in america moving out of the country.

but if they are doing it because they do not like america, they should shut their traps complaining about america after they move. just enjoy life, you moved, congrats, now move on with your life.
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