Biden should embrace residence-based taxation

Washington Examiner (January 31, 2021)

Biden should embrace residence-based taxation

'The frustrating thing for almost every person caught in the expatriate tax mess is that few people, if anyone, defend the current system. American Citizens Abroad, a nonprofit organization that advocates for the interests of these people, persuasively has shown that a U.S. switch to residence-based taxation would be revenue neutral. That there is no natural electoral constituency for Americans abroad means that both parties are content to let the problem fester. In effect, Americans abroad now suffer taxation without representation.'

Read More