In FL 13 District Sink (D) outspent Jolly (R) by more than 3 to 1 on television advertising, libertarian got 5% of vote. $11M was spent on the special election.
$11M spent on an election would have been better spent funding 10 startup companies.”
I was born a dual citizen of both the U.S. and Germany — the U.S. through my father, and Germany through my mother.
After graduating from college in 2008, I moved for work to Dongguan, China, and I’ve been here ever since.
Germany doesn’t require me to report, file or pay taxes on my income earned abroad, even though I am a German citizen. But as an American citizen, I am required to file taxes on my worldwide income. I always knew that even as an expat, I would have to file.
I have a tax service in the U.S. handle it for me. There’s just too much for me to possibly know what’s going on with tax laws and regulations — I can’t keep up with it. It costs me several hundred dollars every year, but if a tax expert can keep me in good standing and in compliance, then I see it as the single best investment I make every year.
We desperately need to redo both the corporate/individual tax code in the US. I think it should be flat, no deductions. Make it easy and send it in. No special circumstances. Instead of attracting people we are pushing them away.
Wow. Somehow I don’t think this is related to talent, but to pure speed and regulatory discrepancy.