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 https://t.co/hhM3T46md2 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.
https://t.co/X21Riry0E5
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”