Always entertaining listening to people who believe that Tax Law will remain stable and uniform over long time frames. As the world slips into the greatest economic collapse of the modern era, governments will become ever more deperate to obtain any and all income that they can. Simple question: if it is ok for the US to tax it's citizens world wide, why would it not be an obvious step for other governments? It will not be long before there is an announced change in Aus pertaining to the taxation of worldwide assets. Time will tell who is right.
