Originally from International Liberty When I write about America’s awful tax code, I generally focus on anti-growth policies such as high tax rates, the bias against saving and investment, and nightmarish and costly complexity. But there’s actually a fourth problem of “worldwide taxation” that deserves more attention. The U.S. has the world’s most aggressive and obnoxious system of extraterritorial taxation. This means American taxpayers who earn money outside of America’s borders are subject to taxes where they earn their money, but then the IRS gets to take a second bite at the apple. When American businesses earn money in other…