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Fri, May 16, 2003 - Page 12 News List

US Senate wants to repeal tax exclusion

DEATH AND TAXES A bill proposed by the US Senate Finance Committee would remove the Section 911 exclusion, forcing Americans abroad to pay taxes twice

AFP , WASHINGTON

Senate Democratic leader Tom Daschle said his party would fight to strip out that provision in the bill.

"There are tens of thousands of people who work abroad and work with an understanding that they're helping America's economy because of our globalized economic interdependence," he said.

"We need people abroad to take those jobs, to continue to grow this economy as much as we can ... This is a huge tax increase on working families all over the world at the very time when we need them, perhaps, even more than ever."

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