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[–] 3 points 2 months ago (1 child)

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

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  • [–] 1 point 2 months 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.

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