posted on Feb, 15 2012 @ 01:23 PM
The more I think about it and read the other responses some of you are on the right track, it's likely a tax on all the offshore accounts many US
individuals and corporations have. Switzerland, Caymen Islands, etc. billions, maybe trillions in accounts that accure interest essentially tax
A better idea then taxing it would be to allow that money to come back to the US tax free. That would be a stimulus in and of itself...that much cash
coming intot he country would prop up banks, embolden investment and startups, etc.
Course the government isn't going to do that.