Whoever knows he is deep, strives for clarity; whoever would like to appear deep to the crowd, strives for obscurity. For the crowd considers anything deep if only it cannot see to the bottom: the crowd is so timid and afraid of going into the water.

- Friedrich Nietzsche

Taking Too Much?

But after Congress sharply raised taxes this year for many Americans living abroad, some international tax lawyers say they detect rising demand from citizens to renounce ties with the United States, the only developed country that taxes it citizens while they live overseas. Americans abroad are also taxed in the countries where they live. [Read]

Did you catch that: "the only developed country that taxes it citizens while they live overseas"

posted at 21:00:56 on 12/17/06 by clearpolitics - Category: Economics - [Permalink]

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