great… just as i’m out job hunting… this news breaks: Americans abroad face higher U.S. tax bills.
for those that don’t know… we expats need to file usa income tax every year even if we don’t earn money or have any financial dealings in the states. it’s one of those benefits of being a usa citizen.
(and apparently the only country in the world that requires this)
the article mentions (in passing) that the hardest hit group of expats will be military. you would think there would be a big lobbying push against this. does anyone know of expat lobbying groups?
and from the same site/paper, jeb? sounds like by 2012 i’d have to leave the country again…