Don't tax citizens who work abroad

US is the only country in the world taxing its citizens across the globe. In a way, this is a tax on mobility, i.e. because I am taxed even if I work in Europe, there is no incentive for me to relocate there for a good opportunity. Unemployment can be lowered if people can find jobs in a global environment vs being incentivized to only look for opportunities at home. Finally, for every person working abroad, it reduces some level of burden on the state.
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Jesse Laymon thinks this is bad
2010-03-15 14:32:22 -0400 · Comment · Like
1 person likes this.
Jesse Laymon It seems like discouraging talented people from leaving the country is a good policy objective, one that shouldn’t be abandoned.

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