Trump promises to end double taxation for Americans living abroad if elected
Summary: Donald Trump has pledged to eliminate double taxation for Americans living abroad if he wins the presidential election next month. This proposal aims to attract overseas voters in a closely contested race.
Currently, up to 9 million Americans overseas must file U.S. tax returns, even if they pay taxes in their host countries. Trump's plan seeks to change this, aligning U.S. tax policy more closely with global standards.
Supporters of the change argue it would ease financial burdens for expats. However, critics suggest this is a late attempt to gain votes, noting similar promises were not fulfilled during Trump's previous term.
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