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Capital Controls Have No Place in a Free Society
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If congress doesn't want millionaires and billionaires to leave the country to avoid paying taxes then simply lower or eliminate taxes! Get rid of the income tax and capital gains tax and sit back and watch investors and capital flow into the country. No Taxes = Economic Growth
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The characteristic mark of a tyrannical regime is that it eventually finds it necessary to erect walls to keep people from leaving. This is why we should be troubled by the "Ex-PATRIOT Act," an egregiously offensive bill recently introduced in the Senate. Following a long line of recent legislation and regulations attempting to expropriate more and more wealth from hard-working Americans, this new bill spits in the face of overburdened taxpayers and tramples on the Constitution...
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