AMERICA’S BERLIN WALL: Owe The IRS? Bill Would Suspend Passport Rights For Delinquent Taxpayers. Tar. Feathers.

Reader Jim McCrory writes: “Would this mean Warren Buffett would have to stay home?”

UPDATE: A reader emails: “Or Geithner. Or the 40+ white house staffers that owe back taxes. Might make Obama’s international travel cheaper though…” I think it’s down to 36 White House staffers, but yeah.

ANOTHER UPDATE: A reader reminds me of this post from last year on FATCA, which I had forgotten writing: “Cynics might suggest that this is the beginning of capital controls designed to keep American capital in America, or at least in positions where it will be more easily confiscatable by the government during an Argentine-style financial collapse and response. That may be paranoid, but on the other hand the cynics have had a pretty good track record lately. And, of course, simply by provoking such fears measures like this will almost certainly prove counterproductive.”

So I’m prescient, but forgetful, I guess . . .