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DFW

(58,818 posts)
18. I hadn't seen the part about the maximum exclusion
Sat Aug 28, 2021, 02:02 PM
Aug 2021

If that is the case, I am royally screwed for 2021. I will have to ask the guy that does my U.S. taxes about that. For that matter, I'm pretty screwed already, actually, so what else is new? The German expert advised me to move back to the States for a year, cash out my Roth IRA while there, and then return to Germany so they can't take close to half my retirement money. At least I wouldn't have to fight to keep what I already paid the taxes on.

In some circles, it seems fashionable to point to us expats as "billionayahs avoiding paying their fayah shayah" while living on a yacht in the harbor of Monte Carlo. That may even be true for a couple dozen people, but the other nine million of us Americans abroad live in a different situation entirely. Six million of us are eligible to vote, and population-wise, we are somewhere near the middle of the fifty states, population-wise. But we have no representation and no lobby in Washington, so it's more convenient to portray us all as owning yachts in Monte Carlo and say, "screw 'em." When Senators and Congressmen come calling for contributions, I always remind them, and they listen, but they always have "more important issues" to contend with.

The day that "American Abroad" have two Senators and a few Congressmen in Washington will be the day of change in what we expats put up with, but that is a day neither of us will live to see.

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Sounds like people preferred Merkel over conservative parties. TreasonousBastard Aug 2021 #1
Merkel and the CDU are the main conservative party in Germany nt Celerity Aug 2021 #2
Aware of that. Just noting that cdu is dropping now that merkel isn't running. . TreasonousBastard Aug 2021 #4
The CDU acted like fools DFW Aug 2021 #6
That's like saying Americans preferred Joe Biden over the Democratic Party DFW Aug 2021 #5
Kinda what I was saying. Voters llked Merkel more than her party. TreasonousBastard Aug 2021 #7
Germany has far too many parties DFW Aug 2021 #3
what additional taxes (not VAT as you said PLUS VAT) on $85K get you to a 50% effective rate? Celerity Aug 2021 #8
My wife never left the Catholic Church DFW Aug 2021 #10
wow, that double taxation is crazy, the US is the only major nation that bangs you on completely Celerity Aug 2021 #14
It doesn't make clear who still pays, DFW Aug 2021 #15
It's down to just the US and Eritrea (2% for them, and they are under the cosh as it funds a Celerity Aug 2021 #17
I hadn't seen the part about the maximum exclusion DFW Aug 2021 #18
Scary times that threaten a return of vicious archconservatives Hortensis Aug 2021 #9
The mainstream parties here used to dominate postwar politics DFW Aug 2021 #11
Authoritarians Elessar Zappa Aug 2021 #12
Th Reagan-Thatcher New World Order is over malaise Aug 2021 #13
+1 leftstreet Aug 2021 #16
It's mainly because Scholz would be the new Chancellor Marius25 Aug 2021 #19
Latest Discussions»General Discussion»Germany's Social Democrat...»Reply #18