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Hunter Biden Seeks Dismissal of Criminal Cases, Citing Trump Case Precedent
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35
Trump Backs Elon Musk's Plan to Slash Government Spending
Yes 7 Trillion in under 4 years in office. Where did the other 28 Trilion in debt come from? From both Dem and Rep administrations of the past 20 years. For the last few years the US Federal Budget has been around 6 Trillion per year. This is very big number but total Federal Revenue is not even close to this amount. On average the US Federal Government will collect just slightly over 4 Trillion in taxes. The majority of taxes is collected from those making over $100,000 per year. "Just Taxing the rich" will in no way solve this problem because the country will run ouf of rich people". The Federal Government has to find ways to significantly reduce spending. Besides national defense and entitlement spending there is plenty of room to cut. The negative impact of the deficit will probaly not be felt until i am long gone. Of course I am speaking as an old who has fewer days ahead and than the days I have left behind. -
168
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
This isn't how double taxation is avoided by all DTA's that I've read (only a couple). Normally country B will allow taxes paid to country A to be deducted from the tax owed to them on the income in question. So, a zero tax rate generates a credit of zero. -
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35
Trump Backs Elon Musk's Plan to Slash Government Spending
What was Harris' plan, I forgot -
168
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
Typically I would agree, but she has gone from talking about "amending", to now "drafting" a law. Yet nobody above her has silenced her in several months, which leads us to believe she has the backing of the government. -
168
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
You know there's the concept of what people think is tax free or exempt but it's actually been taxed, just at a very deliberate rate of zero percent. So if something has already been taxed at zero percent, does it remain untaxed income or not and therefore untouchable by Thailand? Just a thought here, the concept of 0% tax doesn't make it untaxed. -
168
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
If Thailand does move to worldwide income taxation, this is how I see the impact on US Roth accounts. Since Thailand doesn't see a Roth account as differing from a regular investment/savings account, it will be taxed in the same manner. Roth contributions and investment income prior to Jan 1, 2024 would always be treated as non-assessable in by TRD. The only difference from the current situation is that Roth income post Jan. 1 would become annual assessable income to TRD. There should be no taxable event when a qualified Roth withdrawal is made. The income inside a Roth would incur Thai tax annually, so no separate tax upon withdrawal. -
168
Must Read Its Happening - Law to Tax Overseas Income Now in Progress
To be a bit clearer for the few who care PARTS of government employee pensions are taxable to which an offset applies. -
35
Trump Backs Elon Musk's Plan to Slash Government Spending
Same bloke who wanted to build a submarine to rescue a Thai school football team? And then calling one of you lot (foreigners living in Thailand) a "Paedo" when someone suggested he might be mistaken. Hopefully Apartheid Boy isn't actually in charge of things like that. -
44
So why do you use cannabis ?
The topic has already been done and they can smell a Troll.... -
74
Why is Trump Really Running for Office Again?
This is what I said: "COVID played no roll in inflation. The response to COVID may have played a roll, primarily the spending. " Trump's massive covid relief spending, that I believe continued under Biden. Then the Infrastructure bill and then the "inflation reduction act" which was anything but. Do you think raising corporate taxes will increase of decrease prices? -
29
Are you HAPPY to be ALIVE?
Retired, I can't enjoy my hobbies here, and the US is a much better place for my daughter to grow up, go to school, and get a career. re-locating will be a hassle, but it'll be the last time I move so it's worth it. If anything happens, I have Medicare. All my family is there also. -
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Assisted Dying Debate Gains Momentum as MP Wins Ballot for Private Member’s Bill
Vague statement, please clarify. -
35
Trump Backs Elon Musk's Plan to Slash Government Spending
Aka War Dogs. Good movie about FedBiz. -
493
Pattaya Bar/Go-Go Death Watch
Kim NFI!... Jamiesons deadordinary english pub pretender, Chinese rest. attached, soso🥺 Tits.n.Beer opened.during/aftercovid, havent.been.back.there.
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