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Comment by leapingdog

6 hours ago

A tax based on property value.

https://www.bbc.co.uk/news/articles/cgjwgzwe2eyo

2 comments

leapingdog

Reply

antonymoose  3 hours ago

I would love to know why it is unrealized gains is such a popular property tax strategy.

  • tom_  42 minutes ago

    Rates are based (at least in principle) on the rental value of the building, making the gain concept irrelevant. The rent would be the same.

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