OK. You seem to be agreeing that this would be a fine system with those caveats.
So:
Exemptions specifically covering residency already exist in finance law. If you go bankrupt, you can still live in your house (only if you owned it, mind).
The government, as soon as practical, can auction the stock it receives. Thus identifying its value and releasing the funds.
So: Exemptions specifically covering residency already exist in finance law. If you go bankrupt, you can still live in your house (only if you owned it, mind).
The government, as soon as practical, can auction the stock it receives. Thus identifying its value and releasing the funds.