@deciplex - you are right if you live in a country with an income tax.
If you live in a country with no income tax then your US income tax is a net cost to you -- making you poorer compared to that British coworker who makes the same salary as you but pays no UK tax. Look around Dubai. Count Americans and count British people. Tax is part of the reason.
Comments
@deciplex - you are right if you live in a country with an income tax.
If you live in a country with no income tax then your US income tax is a net cost to you -- making you poorer compared to that British coworker who makes the same salary as you but pays no UK tax. Look around Dubai. Count Americans and count British people. Tax is part of the reason.
Definitely, though in that case since the local tax is 0 the principle still holds.
Thanks for this, by the way, very informative.