Reply #209: Yes, it's a citizenship tax [View All]

[Spider Jerusalem]

because it's a tax on income earned entirely in another country who is legally resident for tax purposes in another country.

Also, US$90K in a lot of the rest of the world is less equivalently, thanks to exchange rates, and doesn't go as far thanks to cost of living; in the UK the exchange rate over the past few years has fluctuated at US$1.50-$2.00=£1; unleaded is on average the equivalent of US$7-8 a gallon, and there's VAT on most goods except newspapers and magazines, basic groceries, and children's clothing at 17.5%. Oh, and housing is at a premium; a 2 bedroom house in a reasonably decent neighbourhood in most cities will set you back US$250K-500K (and a third again to twice as much if you're in London). And if one is in Western Europe, apart from a few tax havens like Switzerland, one is paying more in income tax than one would in the US already (yet you apparently think double taxing income over exemption limits is just fine).