let’s see if i’ve got this right
in my field (software), 60-80 hr weeks are fairly normal during crunch cycles. these can last 1-3 months and usually back down to 40-60 hr weeks during normal times.
as an entrepreneur, the systems i create are like taking a shot in the dark after turning the lights out. you have a vague idea it’ll hit the mark, but you can’t be positive.
after all that, and a few misses... you hit a few and get some nice ROI... only to have to cough up 35% (plus ss + match) to pay for these tards.
and it’s not enough!
wth?! why should i pour myself into such an effort here in the US when i could just as easily code up the exact same system from a house on the isle of man (10% tax w/ a 100k cap)? or maybe hong kong or sinapore (10% tax)?
what benefit do i get by staying in the US? nonstop ridicule? threats from the country’s leadership?
wouldn’t you think during times when the nation is drowning in debt (of it’s own creation)... they would give incentives to any business bringing in foreign dollars?
oh yea, that would require a rational world
Sten, I hear you but unfortunately the U.S. government follows you where ever you go. We have the most draconian tax laws for expatriates that the banks in countries where expatriates live do not want to do business with the expatriates.
I have done some research. Even if you want to give up your citezenship the IRS will levy a tax on your future earnings potential for the following decade after they grant your request.
Unbelievable isn’t it?