Why Does the US Have Citizenship-Based Taxation?

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The United States is the only developed nation in the world that taxes its citizens based on which passport they hold and not according to where they live.

In fact, only the United States and Eritrea have such "citizenship-based taxation" policies. You can imagine that Eritrea's 2% "diaspora tax" - which is widely panned by nations like Canada - is hardly enforced.

The US government is convinced that this unique policy is justified due to the ideology of American exceptionalism and the great services they offer.

However, other nations offer the same services to their expats, but without the tax bill. As a result of this citizenship-based taxation, tens of thousands of Americans have renounced their citizenship to flee high taxes, endless paperwork, and regulations like FATCA.

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