After Many Decades Living in Thailand (or Asia), ... Do You Sometimes Dream of your First Wife....Left Back in the "Old Country"? Do you dream VIVID Dreams about her, too?
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Republican Tax Bill Imposes Withholding Tax on Foreign Remittances
The Republican tax bill contains a provision to impose a withholding tax on foreign remittances. Initially set at 5% of the amount of each remittance, reports now state that this has been lowered to 3.5%. It seems that US citizens may in most instances be exempt from this tax, or be able to claim an income tax credit for such withholding, but there are conditions. One condition is that the bank or money transfer company be a "qualified" remittance transfer company (RTC) and there seems to be a path by which a US citizen could be out the 3.5% tax: The remitter is a US citizen, but uses a remittance company that is not a "qualified" RTC. The remitter is married to someone who does not have a SSN. This applies regardless of whether tax filing status of the US citizen remitter is single, head of household, or married filing separately. A good writeup of this proposed law is here: https://taxnews.ey.com/news/2025-1108-new-5-percent-excise-tax-proposed-for-remittance-transfers -
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U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank
I'm sorry, largest issue the USA faces are the debt and deficit. Your dems have their fingers all the debt and deficit. -
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Trump ambushes South African president at White House meeting
1 small correction - they didn't leave 'like' thieves. They were thieves. The British empire became so rich because of thievery and exploitation. -
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Demonstrations against HAMAS in Palestine
In case nobody noticed Hamas has already agreed to stand down in favour of a government of technocrats. Regardless, the genocide continues and the world sits on it's hands. -
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BREAKING NEWS Thai Court Orders Ex-PM Yingluck to Pay 10 Billion Baht in Rice Scheme
And make that payable to who exactly?
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