So tax their income and asset movements to pay for an appraisal service? And carve out exceptions for non-luxuries like primary residence and farm equipment? Seems straightforward to me, but I’m far from an expert.
“Size of a city” should come with pretty hefty property tax I’d think. And billionaires love to be jetsetters so I image very few would want to stick to a single residence just to save on taxes.
So tax their income and asset movements to pay for an appraisal service? And carve out exceptions for non-luxuries like primary residence and farm equipment? Seems straightforward to me, but I’m far from an expert.
Build a primary residence the size of a city and sell parts of it to the poor class you keep homeless when you need to liquidate, easy
“Size of a city” should come with pretty hefty property tax I’d think. And billionaires love to be jetsetters so I image very few would want to stick to a single residence just to save on taxes.