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9
Thailand as home, roaming the world tax free - the pipe dream
Americans have to pay taxes even if they live outside the country for the entire year. No escaping those. Not sure how it works for EUR/AUS/UK residents. Can those citizens really border hop and pay no taxes to their home country? This year I spent 176 days in Thailand My usual spend in Thailand for the last 5 years has been about 100k/month. None of that 100k is spent on rent as I own a condo. Thailand lost ฿600k of spending. More in GDP when the velocity of money is factored in. It’s a small amount in the big picture but the people whose businesses I patronized (doctors, restaurants, massage, etc.) would have preferred me to have stayed. If they decide before tax time in 2025 to tax total global income (not just remitted income) I would have had to pay an additional ฿400,000-500,000 in taxes due to the way they treat long term capital gains tax 25%-30% vs the US 15% If they only tax remitted money, I would have had to pay less tax but still… No thanks! No taxation without representation! If they want me to stay and pay taxes then they will have to offer something such as the social healthcare plan @ ฿600/month -
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Less-Refined Farang: Are Farang in Asia now less refined than before?
Mira, it’s not my yob, mang! -
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Trump’s ‘stunningly unqualified’ diplomatic team shapes up at breakneck speed
All members are free to discuss all subjects, so long as they stay within the rules. -
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Less-Refined Farang: Are Farang in Asia now less refined than before?
Everyone is a yob compared to me. -
154
Indian passengers turn Thai AirAsia plane into party zone - video
Are you writing in code or something ? I have no idea what you are trying to say -
103
Two killed and scores injured after car drives into German Christmas market
Only a couple of weeks ago when there was another attack planned at a German Christmas market but this time foiled by the police. "He allegedly talked about wanting to drive a car through the market, according to the report." Terror attack on Bavarian Christmas market foiled by police The 37-year-old suspect from Iraq had allegedly photographed the market in Augsburg and discussed driving a car through it. German authorities foiled a potential terror attack on a Christmas market in Bavaria after a tip-off from a foreign intelligence agency. The 37-year-old suspect from Iraq was arrested on Wednesday evening in shared accommodation for asylum-seekers in Augsburg, German newspaper Welt reported. A spokesperson for the Bavarian police confirmed the arrest Friday morning. Welt, a sister publication of POLITICO in the Axel Springer Group, cited sources saying the suspect had disseminated posts on social media glorifying Islamic State (IS) and photographed the Christmas market in Augsburg. He allegedly talked about wanting to drive a car through the market, according to the report. https://www.politico.eu/article/terror-attack-bavaria-christmas-market-foiled-terrorism-isis-islamic-state-extremism-far-right-police/ -
7
Russian Duma mulling reintroducing the infamous USSR Food Stamps to alleviate poverty
Obviously, there are many Russians who profit from the war and become rich from it. Those who can still afford a holiday in Thailand. The lucky ones who can afford to feast on lobsters and wine, despite the fact that the ruble has lost 10% of its value against the dollar in a year, and those who still have access to foreign currency. These people are not sent to die on the battlefields in Ukraine, and they certainly do not need food stamps to survive. By the way, true Russian oligarchs, unlike the humble, uneducated and yet enriched Russian commoners and plebeians you enjoy observing, only pair white Burgundy with their Maine lobsters. They would never spoil their Maine lobsters with a cheap, light-bodied red wine. Food stamps are intended for those Russians tightening their belts due to Putin's criminal war. Pensioners, government employees such as teachers, doctors, law enforcement, etc. are among the hardest hit by inflation because their wages and benefits are tied to the official inflation rate. And with the central bank benchmark interest rate at 21%, it is childish to believe that the real inflation stands only at 9%, as the official data suggest. Independent assessments put the inflation closer to 15-16% (with the interesting result that the Russian GDP may not be growing at all, contrary to what the regime would like us to believe). Instead of wasting your time spying on Russians feasting on lobsters and cheap red wine, you'd better spend more time reading, studying and staying informed. Just saying. -
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Do you flaunt your wealth in Thailand?
We also welcome constructive criticism of our points of view... At least, I do.
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