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retiring offshore loss of 1.3bill py , page-12

  1. 10,373 Posts.
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    Wow, what a contradiction, you close by saying:

    "Not that I begrudge them this - but how can it be bad for the economy to have them leave?"

    yet before that you say:

    "Retirees are a net drain on the economy. They cost a fortune in health-care and social security benefits, pay little or no tax and own a disproportionate amount of property."


    From someone who decided to retire at a "relatively" young age of 49 how am I a "net drain on the economy"?

    I still pay my taxes, albeit I have structured my position to pay as little as possible. I own my current residence - one property only.

    Moreover, I would hate to total up the amount of tax I paid in the 35 years I worked, suffice to say in the final years it was over $100k a year. Am I not entitled to expect some sort of "pay back" in case of need?

    If you want to export someone overseas then start with some (and I stress "some") of the younger generation who wouldn't know what a hard days work was, and have been born into a government handout mentality.

 
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