Ok, this begs at least two questions then:   What about those that live (illegally) in the US and have some sort of assetts? What about foreigners that own assetts in the US? Are they taxed on their gross value?   What does this accomplish at the end of the day as anyone aware of this could simply liquidate their assets, move them offshore and then later renounce their US citizenship?    This law seems to accomplish very little except to warn us that ZOG is more confident than ever and is putting it in writing now for all to see. Glad I have no assets in the US anymore.