“I am getting more and more confirmation from unrelated sources that the Obama 3.8% tax on unearned income cannot be offset by the Foreign Tax Credits of U.S. citizens abroad. To put it simply:  U.S. citizens abroad, who via taxation in their country of residence, pay for health care in their  country of residence, are now required to pay for health care for  U.S.  residents. Oh well: I guess that’s consistent with the definition of citizenship that Obama gave in his State of the Union address.  U.S. citizens abroad must accept their obligations to those remaining inside the U.S.”

http://isaacbrocksociety.ca/2013/02/28/obamacare-tax-on-unearned-income-cannot-be-offset-by-foreign-tax-credits/

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