We received this video from American Citizens Abroad. The video sheds light on how our tax code discourages Americans from taking positions aborad. When Americans take positons abroad, they can either help American exports or help foreign investment in America.
https://streamable.com/8nku4?mc_cid=876a487999&mc_eid=92b665cb91
Congressman Holding, NC, proposes to eliminate income these Americans earn outside the United States. Holing's bill, however, still makes these Americans file tax returns and does nothing about the problems caused by FATCA (Foreign Account Tax Compliance Act) that make it difficult for Americans abroad to open local bank accounts.
The FAIRtax solves all these problems.
Americans Abroad
- by: STAFF
- 05-13-2019
- Source:
FAIRtax
- 04/09/2021