Eliminating the current requirement that American expats pay taxes on their foreign income to the United States makes perfect sense. No U.S. citizen should be taxed twice.
Double taxation discourages Americans abroad from returning home, with nearly one-third of them considering renouncing their citizenship due to this financial burden.
A coalition of organizations supporting the elimination of double-taxation includes groups across the political spectrum, indicating that this issue transcends partisan divides.
Many Americans abroad work for U.S. companies, contributing to the economy both overseas and at home, but the existing tax framework hinders these opportunities.
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