I'm not a conspiracy believer but truly does this not represent the actions you would take if you were trying to dismantle the reign of the dollar? This admin is blatantly acting in a manner opposite the country's interests!
My guess is to get people to pay taxes on this part.
“ The blockers shield tax-exempt investors from liability. But the proposed changes could add hefty taxes to any distributions made to SWFs if the blocker is deemed to have “effective control” of a portfolio company.”
I'm not a conspiracy believer but truly does this not represent the actions you would take if you were trying to dismantle the reign of the dollar? This admin is blatantly acting in a manner opposite the country's interests!
What would be the purpose behind this? Seems like it might discourage SWF from investing in the US?
My guess is to get people to pay taxes on this part.
“ The blockers shield tax-exempt investors from liability. But the proposed changes could add hefty taxes to any distributions made to SWFs if the blocker is deemed to have “effective control” of a portfolio company.”
https://archive.today/KGig9