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Why is the US taxing expats 39.6% who are living abroad?
Why are the US and Eritrea the only countries in the world taxing expats living abroad? Although 39.6% is the top federal tax rate that expat Americans have to pay, I am still genuinely curious.
I knew about this from an American friend who has been living abroad for many years. But while reading http://www.zerohedge.com/news/2014-09-17/appalling-practice-used-only-two-nations-which-us-one I started getting seriously curious of why the US (and Eritrea) has this policy and the rest of the world does not.