1) They're trying to create a billionaire tax that will somehow pass the corrupt mess in the US Federal government and also not permit loopholes for tax evasion

1) They're trying to create a billionaire tax that will somehow pass the corrupt mess in the US Federal government and also not permit loopholes for tax evasion. I think it might be just a dog and pony show since there's little chance of anything passing the Senate at the moment and because it's a non starter for Republicans. 2) I don't agree with your reasoning here. 3) The US is pushing extraterritoriality pretty well, and the nations of the world have agreed to try to eliminate tax havens. Pretty soon there won't be an "overseas" to go to. 4) I don't accept the terms "liberal" or "conservative" to mean what most of the people who use them mean. As labels, they promote sloppy thinking. I consider the authors of this tax to be the Democratic party, who have already proven they are far too establishment to be allowed to continue to exist. 5) Not really possible, because raising those interest rates has other effects. Rather than taxing theoretical company values, tax purchases, VAT- style. 6) You're treating "the left" here as if it's a hard and fast definition of a group of people. Politics in the US is far more complicated than that. There may be some truth to what you say here if you are talking about specific groups of people, but just equating Democrats/the authors of this bill to "the left" isn't accurate, and that sort of inaccuracy perpetuates political partisanship and extremist thinking.