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What exactly in your reasoning is US-specific? Wouldn't everything in your comment be equally true if "Japan", "China" or "EU" were substituted for "US"?
by xiaoma 10y ago
What exactly in your reasoning is US-specific? Wouldn't everything in your comment be equally true if "Japan", "China" or "EU" were substituted for "US"?
- smallnamespace 10y agoBecause the US taxes American citizens' personal income regardless of the country in which it is earned, which almost nobody else* does. https://en.wikipedia.org/wiki/International_taxation#Citizenship https://en.wikipedia.org/wiki/International_taxation#Citizen... * except Eritrea, although China also might want to start doing it [1] [1] http://www.nytimes.com/2015/01/08/business/international/china-starts-enforcing-tax-law-for-citizens-working-abroad.html?hp&action=click&pgtype=Homepage&module=second-column-region®ion=top-news&WT.nav=top-news&_r=0 http://www.nytimes.com/2015/01/08/business/international/chi...