3 ms·
> 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 pa
by privong 11y ago
> 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.
Interestingly, the US relatively high tax compliance rates, compared to other large/industrialized countries [0]. Presuambly the wealth you refer to is what results in the absolute dollar amount of evasion being higher, despite the relatively low rate of evasion.
[0] http://blogs.reuters.com/david-cay-johnston/files/2011/12/GLB_TAXEVASION1211_SC.jpg http://blogs.reuters.com/david-cay-johnston/files/2011/12/GL...