Leave it to Schmucker to come up with a bill of attainder.
this bill won’t effect him but will make us prisoners...
Instead of encouraging the capital flow into the U.S., the government is trying to erect more financial "Berlin Walls" (there is already an "exit tax" on renunciation).
There is now also a new Foreign Account Tax Compliance Act (FATCA) (rhymes with FatCat) which is so onerous, it stopped many foreign banks accepting bank accounts from Americans, even those who legally, often temporary, live overseas working for the American or foreign companies, and who have no intention of changing citizenship.
More people are leaving with their capital, more than 1700 just last year, a record. They are not willing to stay in the country where the government is increasingly socialist and Nazi-like in their laws, rhetoric and tactics.
Who is John Galt?