ATLANTA (AP) — Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from...
ATLANTA — Donald Trump is proposing to grant a key tax break to U.S. citizens living overseas, pitching the idea as an effort to court votes from potentially millions of Americans who could benefit.
Those three previous proposals are mostly aimed at working- and middle-class voters. But the bulk of Trump’s tax plan — reinstituting his 2017 tax overhaul and lowering the corporate income tax rate from 21% to 15% — remains tilted to corporations and the wealthiest Americans. “Once and for all, I'm going to end double taxation on our overseas citizens,” Trump continued. “You've been wanting this for years, and nobody has listened to you. And you deserve it. And I'm going to do it. ... I'm going to get this done for you.”
“The Democrats are talking about how they’re working so hard to get millions of votes from Americans living overseas," Trump wrote on his Truth Social platform Sept. 23. "Actually, they are getting ready to CHEAT!”
Solomon Yue Overseas Citizens Wealthiest Americans Overseas Tax Tax Breaks Income Tax Citizens
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