This is correct, up to a point. Once you pass the threshold of around $90k, you can no longer write the income tax you pay on your foreign income off. For examp

This is correct, up to a point. Once you pass the threshold of around $90k, you can no longer write the income tax you pay on your foreign income off. For example, if you make the equivalent of $100k in Europe, you can write off the income tax on the first $90k. However, you then have to pay US income tax on that remaining $10k.