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Maybe I'm wrong, but america is not the only country who taxes globally. Spain is taxing globally also.
https://en.wikipedia.org/wiki/International_taxation
You can sort by what you want to see: http://i.imgur.com/hSsVmwd.png
I suspect that the U.S. taxing its citizens abroad has a lot to do with it being the world's richest country and not wanting people (billionaires and such particularly) to be able to easily escape their tax burden by moving abroad.
Genuine question though – why should citizens living abroad (i.e. not using US public services) pay for those services through taxation?
Also US is still the sole global superpower.
"Unfortunately, no single member of Congress represents these American constituents who together would rank, if a state, 12th in population size after New Jersey and before Virginia. By virtue of living abroad, they are second-class citizens, paying onerous tax burdens without representation." Compare this to Switzerland that considers its citizens living abroad part of the "fifth Switzerland" (there are 4 official l…
Maybe I'm wrong, but america is not the only country who taxes globally. Spain is taxing globally also.
Only two countries tax non-resident citizens on foreign-earned income: the United States and Eritrea. I'm assuming this is what you meant (non-resident foreign income). https://en.wikipedia.org/wiki/International_taxation You can sort by what you want to see: http://i.imgur.com/hSsVmwd.png
The government's actual "solution" to this problem has been to raise the fee of renouncing citizenship, from $450 to $2,350. No problem for wealthy people who want to avoid tax, but quite a large burden on everyone else. I plan to become a German citizen eventually, because I'm probably going to retire here. But thanks to Germany's disallowance of naturalized dual citizenship and America's tax complexities, that requ…
"By virtue of living abroad, they are second-class citizens, paying onerous tax burdens without representation." This seems pretty ironic to me given the "no taxation without representation" principle.
https://en.wikipedia.org/wiki/File:DC_2013.jpg
edit: spelling / typo (thanks mikeash)
I'm living abroad and you can definitely see the impact of the US tax system in the background of expats: Americans are severely underrepresented. The same salary, when offered to a British expat and an American, is much less attractive to the American because of the 30+% tax burden imposed.
It really doesn't make sense how the US is the only country which insists on taxing their citizens, no matter where they live. It makes American labor less competitive and promotes the insularity of American culture. I'm living abroad and you can definitely see the impact of the US tax system in the background of expats: Americans are severely underrepresented. The same salary, when offered to a British expat and an…
"Unfortunately, no single member of Congress represents these American constituents who together would rank, if a state, 12th in population size after New Jersey and before Virginia. By virtue of living abroad, they are second-class citizens, paying onerous tax burdens without representation." Compare this to Switzerland that considers its citizens living abroad part of the "fifth Switzerland" (there are 4 official l…
I don't agree with what that quote is saying. Americans living abroad can still vote, and therefore are still represented. It's true that Americans living abroad don't all have the same representatives, since they're represented by the elected officials from where they're registered to vote in the US, but that's a far different thing from saying that they have no representation at all.
