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You are here: Home / 2024 Campaign / Trump Pledges to End ‘Double Taxation’ of Those Abroad

Trump Pledges to End ‘Double Taxation’ of Those Abroad

October 9, 2024 at 6:22 pm EDT By Taegan Goddard Leave a Comment

“Donald Trump said he supports lowering taxes on U.S. citizens who live abroad, marking a new attempt by the former president to win support from an often-overlooked group of voters,” the Wall Street Journal reports.

“The U.S. has an unusual system for taxing its citizens on their total income regardless of where they earned it and where they live, making America alone among major countries with such a rule. Other countries use systems that base taxation on where people live.”

“The U.S. policy dates back to 1864 and the income tax created to finance the Civil War.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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