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Trump Vows to End Income Taxes on Americans Living Abroad
By
Janet Levaux
News October 10, 2024 at 04:55 PM
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What You Need To Know
- The pledge could potentially impact the roughly 9 million Americans the State Department estimates are living overseas
- Today, all expats must file tax returns but those who make $126,500 or less aren't required to pay any U.S. taxes.
- The Republican nominee also has said he would push to lower the corporate tax rate to 15% from 21% only for firms that produce inside the U.S.
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