When I first saw this I swore it must be from the Semi-Satire/Semi-News site. I can’t believe how stupid some of these Congressmen can be. Instead of fixing the core problem of world competitiveness let’s pass a bill that guarantees venture capital moves offshore. If only we could separate Red States from Blue States financially. Make it like two colleges that have a coordinated history, like my school.
Separate tax policies, separate governments, Supreme Courts, etc. Let trade happen freely across borders, etc.
Then 25 years later grade the experiment. Winner take all.
This is schumer class warefare.
This law is going nowhere. Only lybia had an expatriot tax claw law.
If anything this SCREAMS taxes too high.
(btw anyone see the movie “the avengers”? there is one tiny newsclip where a jerk NY “D” politician is being anti-good guy and that politician looked suspiciously like schumer...)