Trump Pledges to End ‘Double Taxation’ of Those Abroad

“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.”