Did Chris van Hollen just say that 48% of stock owned by foreign investors? So $ goes abroad?

[greyl]

3. Trumps Tax Plan Gives $520 Billion to Wealthy Foreigners at the Expense of American Middle Class

If the plan passes through the Senate this month, foreigners will see more money than all middle-income households in the United States combined. That’s because foreign investors now own more than $6.5 trillion worth of U.S. equity and investment fund shares, and about 35 percent of all U.S. corporate stock, according to data from the Tax Policy Center. The GOP plan will lower corporate tax rates to 20 percent, benefiting foreign investors at the cost of at least $52 billion each year, or $520 billion over the next decade.

“This is a direct transfer of wealth from the American middle class to foreign investors,” Senator Chris Van Hollen, the Democrat from Maryland, told Newsweek. “It’s totally backwards. This provides a huge tax windfall to wealthy foreign stockholders, paid for by middle class American households.”

http://www.newsweek.com/gop-tax-plan-foreign-investors-middle-class-americans-726410