New US HEART tax law should be good for Skype

Heroes Earnings Assistance and Relief Tax Act, a new US law, will tax the income of green card workers for ten years after they leave the US if they stay in the US for 8 years or more.

Dean Collins, an Aussie geek in New York, suggests permanent residents should leave before their 8th year to avoid the painful double income taxation.

Any forced exodus should boost the demand for international talk, an area where Skype is growing quickly. Few people want to abandon their social capital when preserving their financial capital, so services like Skype, facebook, LinkedIn, and Upcoming become more important.

tags: skype, tax, heart, taxes, exmigration, green card, permanent resident

Follow Phil Wolff on Twitter or FriendFeed or on Skype.
Follow Skype Journal on twitter