As the world's largest economy and a country with close linguistic and cultural ties to the UK, the ...
As the world's largest economy and a country with close linguistic and cultural ties to the UK, the US is a very common destination for expats from the UK. The US levies income taxes at the federal level, the state level and occasionally at the city or municipality level. The top federal rate is 35% and state rates vary between 0% and 9.3%. The federal government does allow a broad range of deductions from income, including state income taxes and home mortgage interest, which means that most taxpayers would pay less in US taxes than they would in UK taxes on the same income. The US al...
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