DoubleTaxation

New York has imposed a $10 million tax bill on Connecticut-based hedge-fund manager who also paid taxes to Connecticut on the same income wsj.com/articles/new-y… via @WSJ

The US treats its expats worse—much, much worse—than *any* other country in the world. #FATCA has made things unbearable for too many. @AAFTR/the-double-standards-of-punitive-double-taxation-jim-crow-taxation-deb4452ed4cc" target="_blank" rel="nofollow noopener">medium.com/@AAFTR/the-dou…

The 4th loophole is something called "Dividend Gross-up and Tax Credit." The dividend tax credit is a special tax break for the rich. It assumes that a company has paid its corporate tax rate so individuals receive a dividend tax credit in order to avoid “double taxation”