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The author claims she was double taxed by the Swiss and American governments. I doubt that she actually paid the U.S. taxes, as up to 100K earned abroad is exem
by toephu2 11y ago
The author claims she was double taxed by the Swiss and American governments. I doubt that she actually paid the U.S. taxes, as up to 100K earned abroad is exempt. It's called the Foreign Earned Income Exclusion, http://www.irs.gov/Individuals/International-Taxpayers/Foreign-Earned-Income-Exclusion http://www.irs.gov/Individuals/International-Taxpayers/Forei...
- refurb 11y agoThere are plenty of errors in her article. Like when she used Romney as an example of low taxes for the rich. She conviently failed to mention it was because he gave a HUGE chunk of it to charity.
- toephu2 11y agotechnically she was right though about his tax rate, it was low because most of his income came from long term cap gains investments