Originally Posted by
Probe
"Income earned on or over international waters" is considered US income, subject to US tax. It cannot be excluded by the foreign income exclusion. So when Emirates if flying their shiny new 380 to JFK, competing with US legacy carriers, if the plane is full of US pilots, they will pay US income tax for a large portion of that flight.
Great. But we should extend it to all income starting from dollar one with no exemptions. Its a recruiting tool used by economically hostile companies/countries. The last thing we should be doing is facilitating their recruiting for them. If EU followed suit it would at least force them to instantly raise their pilot pay costs probably 30-40% or so because they'd be forced to pay it for them or park their fleets. Win win.