For consistency you also have to tax accumulated past labour and intellectual property.
I'm very fond of self-declared valuations with enforced sale back to the commons if anyone is willing to front the value.
Add a tax free threshold a bit above the mean wealth so anyone can declare their 100k house is worth $1m or whatever without risking paying the costs of moving due to someone maliciously forcing sale.
I'm very fond of self-declared valuations with enforced sale back to the commons if anyone is willing to front the value.
Add a tax free threshold a bit above the mean wealth so anyone can declare their 100k house is worth $1m or whatever without risking paying the costs of moving due to someone maliciously forcing sale.