This is actually a good thing. The left has exposed their tactics
It will quicken the responses by public.
If you remember the precursor to this was biden passing laws to have the IRS monitor all transactions above 600 dollars here in the US. This is their way of sneaking in to your personal accounts and controlling them. Just think in the future a declaration will be made that anyone who has savings above a certain amount will be frozen and the remainder of your savings will go to a good cause