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I am a European citizen living in the Bay Area and although I like to whine about it, paying taxes is not a big deal. It is also getting simpler as I now have
by kmonsen 11y ago
I am a European citizen living in the Bay Area and although I like to whine about it, paying taxes is not a big deal.
It is also getting simpler as I now have almost only US assets. I used to have some stocks vested that was awarded when I worked for the same company in the UK. The tax authorities of the two countries decided to split my earnings leaving me with more or less nothing.
Another thing most people say is that US tax gives a lot less back even though we pay about the same as in Europe. This is true, but to some degree this is instead given to you by your employer (like health care).
- ptaipale 11y agoYes, but that getting simpler then means having to get rid of property, bank accounts etc outside of US. Things like the puny family estate which I hold dear - high emotional but little financial value, yet large bureaucracy burden.