Comment by BrenBarn

The land value tax is a good idea, but the pure conceptualization that die-hard Georgists have, in which it's a flat tax, doesn't seem in the same line as the billionaire tax. What'd like is just a (drastically) revised version of Prop 13 in which those protections apply only to the first $N of property value. We can effectively tax the real estate of billionaires without having to tax everyone else. I would like to see taxes on luxury properties approach 100% of the property value, to make it extremely painful for anyone to own such properties, and encourage them to be split up among smaller owners.