THE NATIONAL HERALD: Rep. Maloney Renews Efforts to Reform Tax Laws for Americans Living Overseas
WASHINGTON, DC – On September 17, Congresswoman Carolyn B. Maloney, Americans Abroad Caucus Co-Chair, introduced two pieces of legislation, the Commission on Americans Living Overseas Act of 2019 and the Overseas Americans Financial Access Act. These bills will help American citizens living abroad who are unfairly and disproportionately burdened by existing tax laws.
“Americans who live and work abroad are forced to contend with unsustainable tax burdens as an unintended consequence of U.S. law, but we can change that by passing my Overseas Americans Financial Access Act of 2019,” said Rep. Maloney. “This community represents our nation as informal ambassadors all around the world, promoting American influence and goodwill worldwide. They are also full citizens who pay taxes, vote, and are affected by American laws. Which is why we need to look at how all our laws – not just the tax code – are affecting these Americans just as we would study how laws affect our constituents living in the United States. So today, I am also once again introducing the Commission on Americans Living Abroad Act to create a commission tasked with studying the specific impacts of American legislation on overseas Americans. These changes are long past due.”
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