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re: Former Moo State Signee signs with Japanese Baseball Club

Posted on 5/22/19 at 11:25 am to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 5/22/19 at 11:25 am to
7 million tax free by the age of 25 and you think your dumb broke arse should be questioning him.
Posted by civiltiger07
Baton Rouge
Member since Dec 2011
14063 posts
Posted on 5/22/19 at 11:51 am to
quote:

7 million tax free by the age of 25 and you think your dumb broke arse should be questioning him.


salty much?
Posted by BooShaker
Wragg Swamp
Member since Nov 2009
158 posts
Posted on 5/22/19 at 12:03 pm to
quote:

7 million tax free by the age of 25


Tax free??? Non-Resident tax is around 20%. Resident tax is over 45%.
Posted by Dday63
Member since Sep 2014
2326 posts
Posted on 5/22/19 at 12:52 pm to
quote:

7 million tax free by the age of 25


Why is it tax free? Japan has some of the highest income tax in the world.
Posted by Prof
Member since Jun 2013
42751 posts
Posted on 5/22/19 at 2:17 pm to
quote:

7 million tax free by the age of 25 and you think your dumb broke arse should be questioning him.



It's not tax free. The US is one of the only first world countries that taxes ex-pats as though they were still in the country. If you work overseas, you pay whatever the local tax is and US income tax. It's about the only area where Americans are taxed more than our 1st world counterparts. (It's obviously different if you're not in a civilian job - e.g. military).
This post was edited on 5/22/19 at 2:21 pm
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