The Panama Papers and kerfuffle about Trump make me worry that we will (again) legislate based on feelings like "losses are nonsense!"
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How does one stop abusive shelters while not making expat life harder?
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Police the actual behavior which one wants to stop, which is tax evasion, not "keeping money/accounts outside the US."
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I don't mind loss carryforwards, but something's wrong if you're still carrying them while talking about how successful you are.
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I'm no Trump defender, but I don't think it's confirmed that he actually is still carrying them. Only leaked one year.
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