The never-ending adventures of a travel writer in Vietnam, Cambodia, New Zealand and throughout the Asia-Pacific region.

Monday, May 4, 2009

Obama Declares War on Expats

Obama, America's new president, announced a new plan to eliminate legal "loopholes" that allow expats to pay lower taxes.

You can read the articles here:
FOX
CNN

Of course the IDIOT drive-by journalists don't point this out, or the reason WHY expats pay lower taxes. Expats, and their companies have to pay local taxes IN ADDITION to taxes in the USA, AND, they aren't getting the benefits of any of those tax dollars.

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