Re:Land-value tax: Why Henry George had a point
by lmm on Monday October 26, 2015 @06:19PM
(#10454887)
People with expensive paintings have them valued all the time for insurance purposes. I'm sure a truly dedicated fraudster would find a way, but it raises the cost of tax evasion even if it doesn't eliminate it entirely.
Unless you require people to voluntarily put a price tag on all their paintings (and other assets) at which they'd be forced to sell to any comer.