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A comment on The Big Problem with Wealth Taxes. Parent comment

Re:The Big Problem with Wealth Taxes by throw0101a on Thursday November 07, 2019 @09:07AM (#21473274)
> Thats super hard to value anyway, since without selling an item, you can't be sure what it would sell for.

Actually it's quite easy. For land, governments do it all the time:

* https://en.wikipedia.org/wiki/Land_value_tax

For many other type of property: what is the insured value?

Certainly not exact, but probably with-in an order of magnitude of accuracy, which may be 'good enough'.

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Re:The Big Problem with Wealth Taxes by brycehamrick on Thursday November 07, 2019 @06:54PM (#21478728)
This is a really good point actually, insurance firms are already licensed and regulated. You could effectively implement a wealth tax simply through added taxes on insurance policies.
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