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ACA Welcomes Pres. Trump's Pledge to End Double Taxation on Overseas Americans

WASHINGTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- American Citizens Abroad (ACA), a non-profit, non-partisan association, welcomed former President Donald Trump's pledge to end the onerous double taxation of Americans living and working overseas if elected President.  ACA has been advocating for the adoption of residence-based taxation (RBT) which addresses this issue for over 20 years.  On Thursday, ACA also formally requested a pledge from Vice-President Kamala Harris to end this regressive tax on hard working Americans if elected to office. 

'It's important for both major party candidates seeking the presidency and Members of Congress to commit to a tax policy that treats hard working Americans overseas fairly,” said ACA Executive Director Marylouise Serrato. 'While often overlooked by US policymakers, Americans overseas represent an engaged and informed voting block of over 5 million strong.”

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