About #FATCA and @Citizenshiptax: Here is the @DemsAbroad Interview with @TulsiGabbard on January 15, 2020

Tulsi Gabbard speaks to Democrats Abroad!

Join our global town hall with presidential candidate Tulsi Gabbard! We’ve invited every Democratic Presidential candidate to join a call with us to discuss the issues that matter most to Americans abroad and give you the chance to get to know our candidates.

Posted by Democrats Abroad on Wednesday, January 15, 2020

With respect to U.S. FATCA and Citizenship-based taxation, her answers were:

1. FATCA: She would direct Treasury to take the necessary steps to alleviate the problems that Americans abroad experience with banking access.

2. Citizenship-based taxation: Bear in mind that the DA question always includes (1) a recognition that revenue neutrality is possible and (2) that any remedial legislation must be carefully constructed to “prevent abuse” (whatever that means). Ms. Gabbard said:

– in principle she believes in a move to residence-based taxation

– it must be constructed in such a way that the wealthy don’t leave the USA to avoid U.S. taxation

– it MUST be revenue neutral

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