Retirement Planning and Investments as an Expat

[PigBloodCake]

[quote=“GuyInTaiwan”]Split the thread from here: [url=What's the Point of Staying in Taiwan? - #98 by ChewDawg the Point of Staying in Taiwan?[/url]

@Cornpone Hercules

It’s a sad state of affairs when people punish wealth creators. Whether it’s Obama’s push to end tax breaks for people making more than $250,000/year or the Liberal Democrats as part of the UK coalition wanting to raise taxes on the rich, it’s the politics of envy. You raise taxes or redistribute too much, businesses will leave to where there is less red tape/government intervention. If anything, we should be celebrating wealth creators. I think it’s the educational systems in the West and the control of them by the unions that brainwashes so many people into thinking wealth creation is bad.

Yep. That’s why I’m not in Australia and don’t have my money there. Call me a rat deserting a sinking ship. Australians have a massive love affair with socialism, and that’s not going to change any time soon. It’s only going to get worse. Currently, it’s masked by good times and living off the good old days, but the veil will be lifted soon enough.[/quote]

It’s the same in US, especially California.