If they get away with this, they will move on to bigger and better things. Within 20 years, the government will be able to log on and see at a glance all your assets, and pick and choose what they’re going to take. After all, the government hates the fact that you own something and that they don’t.
(See communism 101).
They may have their fate when they find out how many of us have guns and are willing to use them.