I think this is part of a generic rule-of-law failure on the part of populist pols like Warren: she genuinely but incorrectly believes that the law should be whatever she wants it to be, not what is written. In this particular case, the Yanqui tax code is unquestionably bad law, because it is so enormous that it is inevitably full of loopholes. And why is it enormous? Because of people like Warren. And how will Warren try to fix this? Partly, as we see, by intimidation. But also no doubt by making the tax law even bigger. Idiot.
Another in-the-news example is the EU, where the pols are trying to direct private business for their own political ends. Again, it's a mix of gangster-like intimidation and threatened extra "rules", which aren't really rules, being so opaque and value-ridden that they would amount to arbitrary rule.
Meanwhile, in the garden: fasciation (sure 'nuff) on my Forsythia. More pix. Don't miss the rhubarb emerging.
* So roughly speaking, the richest Americans in 1982 had inherited money made from extracting natural resources, and those in 2020 had made money creating new technology - Paul Graham.