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RE: And just like that, Big Brother steps in
Yup but this does not make any sense and will only create extra paper work. Criminals or terrorists will not declare their holdings and the US can not check their statement. The only ones who will comply are the good guys not being any threat. So what is the point except that it will create extra paper work and longer queues?
Taxation. That's the whole point of this bill. The good guys will declare their holdings and then the government will have a reference point to calculate how much taxes they need to pay when they cash in or spend them.
Not me and probably most other foreigners. I only need to pay my taxes to the Dutch government and any property tax only needs to be paid once in most countries of the world to prevent double taxation. So I guess the Trump Administration is again doing a good job in drafting laws that will not work :-) (and I am counting the days for new US elections)
This is not Trump, this is a c*ck-sucking fascist repubic a$$hole.
Your first comment was GOOD :-D
Edit: (not a fan of Demonic-Rats either, FYI)
If he signs the legislation it is TRUMP.