Saverin's case is potentially misleading. Many American citizens living abroad are under great hardship caused by the US tax system following them around the globe. The United States is the only developed country in the world that harasses its citizens for taxes on wages earned in foreign jurisdictions.
E.g.: ""It makes absolutely no sense," said Senator Jim DeMint, Republican of South Carolina, of a system that makes the United States the sole developed country to tax income earned by its citizens abroad."
Comments
Saverin's case is potentially misleading. Many American citizens living abroad are under great hardship caused by the US tax system following them around the globe. The United States is the only developed country in the world that harasses its citizens for taxes on wages earned in foreign jurisdictions.
E.g.: ""It makes absolutely no sense," said Senator Jim DeMint, Republican of South Carolina, of a system that makes the United States the sole developed country to tax income earned by its citizens abroad."
http://www.nytimes.com/2008/04/01/world/americas/01iht-expat...
You can exclude $92,900 worth of foreign income from U.S. taxation (and another $92,900 for your spouse).
So?