The most emailed article on the International Herald Tribune today is about the soaring taxes for Americans who live abroad. It seems there is some upcoming legislation that might help relieve that burden, but it doesn’t sound too optimistic.
“Whether the legislation backed by DeMint, and a similar bill in the House sponsored by Representative Gregory Meeks, Democrat of New York, stand much chance to draw attention in a year when the Congress faces an array of enormous economic crises remains unclear. “If Congress can’t fix this,” DeMint said, then its prospects for dealing with its larger economic challenges “seem rather dismal.”
