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But they pay a lower rate and they pay a foreign country’s taxes.

Our Congress raising rates will still give him a break the average American will not receive.

83 posted on 12/09/2009 8:05:30 AM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))

"But they pay a lower rate and they pay a foreign country’s taxes."

Only on income earned abroad. Tiger presumably will still play golf in the states - after all, NIKE isn't going to pay him $50 million a year to not be on American TV. Any income at that level that is earned in the US is still taxed at the top marginal rate.

I don't remember the exact number, but to qualify for the exemption you have to live abroad over a certain number of days out of the year - I think it's more than 330. That means he couldn't play more than 3/4 tournaments in the US. That's not going to happen.