Maybe the value of real estate held by corporations is assigned proportionally to the shareholders? Maybe the tax rate is determined by whichever entity has the largest accumulation. I don’t see why it needs to be particularly complicated, can certainly make it enforceable and effective with less complexity than the current tax system.
boonhet@lemm.ee 2 days ago
Hmm, maybe. I still don’t like the fact that some rich dude could just go and say “Hmm such a nice home they’ve built for themselves, I think I will forcibly buy it”. There’s so much more value to a home than the land it sits on and the building materials. There’s a lot of sentimental value once you’ve lived somewhere for years or decades even.
If there was an exception for primary residences, your idea might be a lot less horrible. Again something that could likely be schemed through, but at the very least, it’d just be investment properties that get targeted. I don’t give a fuck about those.