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The only other country that taxes like the US (citizenship based rather than residency) is Eritrea and… wait for it… the US has the gall to criticize Eritrea fo
by voisin 5y ago
The only other country that taxes like the US (citizenship based rather than residency) is Eritrea and… wait for it… the US has the gall to criticize Eritrea for doing it.
Citizenship based taxation has been said by many think tanks to cause a drag on US GDP as there are relatively disproportionately fewer Americans working abroad than Brits, Aussies, etc etc. and people tend to work with companies they are familiar with back home. Go to Hong Kong, Dubai, etc and there are so many more citizens of non-US countries it is shocking.