• Soggy@lemmy.world
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    1 month ago

    We could also just go after unrealized gains, like we already do with property tax.

    • village604@adultswim.fan
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      1 month ago

      The problem is that number is constantly changing. Property taxes have assessors who determine the value and it’s a relatively infrequent change.

      By tying it to a loan, you have the value at a point in time where both parties agreed the assets are worth the amount of the loan.