Originally Posted by
FLMD11CAPT
Lets see........that "small" exempted amount of 80K puts approx. $21,600 back in your pocket instead of paying it in tax to Uncle Sam. Couple that with the $4500/mo COLA we are hearing about...4500 x 12 = $54,000, $54,000 + $21,600 = $75,600. Hmmmm......might defray "some" of the costs of living in HKG/CDG.
"some" as housing alone is around 8600 month, now school 20,000 year per kid