In honor of Inauguration Day tomorrow, I thought I'd say a good riddance to "W". Not only did he raise expat taxes for Americans, who are already the only world citizens that are double taxed, but he gave those of us living overseas a bad reputation that resulted in us whispering to hide our language and telling people when traveling that we were from Switzerland.
I am hopeful that the next four years will bring pride and honor back to America. I am interested to see how the papers report the event here. People definitely perk up when they hear I am from Chicago, the Obama town, so that is a step in the right direction.
6 comments:
We are definitely hopeful that the next 4 years will be good, and maybe the following next 4 years as well.
I think more people with hope will even help the economy.
Totally off topic... but I have a question: Do we really get double-taxed? We will soon be filing as expats for the first time and I have no idea what to expect. I know you exclude foreign earned income when filing tax returns, but do you still end up paying?
Hi Amanda, I am no tax expert, but as an American you do get double taxed if you make over a certain amount--I think it's $80,000. So you would get double taxed on any income over $80,000. And as far as I know you cannot exclude foreign earned income.
I am definately happy to call myself an American again! Yeah Obama.
Yeah, me too. Proud to be an American once again.
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