I’m taking a Federal Income Taxation course and learning an amazing amount. Everything is taxable and if it’s not taxable now I’m sure someone will figure out how the gov can get their cut later. However, there is absolutely nothing wrong, according to my textbook, with tax planning to pay as little as possible. And of course we are talking about legal methods. Right now there are US citizens living in UK trying to give up their US passports/citizenship because of taxes. Can you imagine that? Changing next year is the inheritance tax. Currently it’s minimal and by next year it will be close to 50%. Ouch. Now is a good year for inheriting money, however, the keyword is legal.
The US Open of Surfing is happening right now. I have my t-shirt to prove it. Surfers from all over the world come and competitively surf. (didn‘t see that one coming) It’s pretty impressive to watch. I went into Starbucks and bought myself a tall mocha frap and as I was waiting for my drink they called out a Claudia, Danielle, and two more names I can not recall. It’s pretty neat when you start meeting people from Canada, France, Ireland, and so on. And I’ll be the millionth to say it, surfer dudes really do have it going on.
And that’s Emily reporting to you live from HB, California.
Tuesday night is In the Heights - should be good.