this post was submitted on 25 Oct 2024
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That law will never be passed because the government is owned by corporations but if it did pass they would create a loophole. If the loophole was closed then the corporation would move to a more tax friendly country.
An executive action could change things because it can be effected immediately and penalize moving assets out of the country but you'd have to make it count because the cat is out of the bag at that point.