The Democrats Abroad's Taxation Task Force today is unveiling a damning report on what life is like, from a financial and tax perspective, for the millions of American citizens who live overseas.

As growing numbers of expatriate Americans are calling on U.S. lawmakers to replace America's problematic citizenship-based tax regime with a system that's based on a taxpayer's current country of residence, the Washington, DC-based American Citizens Abroad is urging expats, members of Congress and others to revisit its most-recent research report – which ACA officials say has some of the best data anywhere on the subject. 

John Richardson, the Toronto-based citizenship lawyer and American expat rights campaigner, will be the featured guest tomorrow on a weekly FAIRtax Guys "show" that airs every Tuesday at 8pm EST on Facebook; Rumble.com; and – in the U.S., Canada, Mexico, Australia or New Zealand only – on iHeart.com.

A major – and eagerly awaited by many – economic analysis of how the U.S. might most easily and efficiently move to a residence-based tax regime, crowd-funded and organized by the American Citizens Abroad, has found that such a move could be done "without the U.S. Treasury losing revenue".

Don Beyer, a U.S. Democratic congressman who represents a Virginia constituency, has introduced legislation he says is aimed at making life significantly easier for American expatriates, by making it easier for them to comply with their U.S. tax obligations. 

The Democrats Abroad has announced that it has joined the Residence-Based Taxation Coalition, a lobbying organization launched in January with a single goal: persuading U.S. lawmakers to move the U.S. to a residence-based tax regime, like most of the rest of the world's countries have.

As various expat organizations ramp up their efforts to persuade Washington lawmakers to move the U.S. away from its Civil War-era taxation regime, which is based on citizenship rather than residency, the Association of Americans Resident Overseas has revealed that 90% of more than 400 U.S. expats it surveyed last October and November support such a change. 

Convincing Congress and the Biden Administration of the need for the U.S. to move to a "residence-based" system of taxation is the No. 1 focus of American expatriate advocacy groups around the world right now.

(UPDATED to include YouTube link)

It's only when Americans move overseas that they tend to discover something that few Homeland Americans are aware of: that the U.S. is the only country in the world that taxes on the basis of citizenship rather than residency – apart from Eritrea.

The American Citizens Abroad Global Foundation – the sister educational and research organization to the Washington, D.C.-based American Citizens Abroad advocacy group – today is unveiling a campaign to raise US$75,000 to fund a research project that it plans to help provide the ACA and others with fresh data that the ACAGF says will help to support arguments in favor of moving the U.S. to a Residence-Based Taxation system.