And if it's already a tiny shack in bum fuck nowhere where property doesn't sell for years, yet government still value it higher for technical reasons? I bet yo

And if it's already a tiny shack in bum fuck nowhere where property doesn't sell for years, yet government still value it higher for technical reasons? I bet you'd have a short deadline on this tax too, so he'll have to sell the property for stupidly low price. Or would government buy out his house, ending up with shit ton of undesirable property in the long run? Congratulations, now your parents are dead and you have debt on your hands with major headache. .. unless they just gifted the house to their kid once they reached old age. Then your law is meaningless. Unless you want to tax any gift in the family through the nose? While rich people you were going after solved the issue with all sorts of trust funds, gifting and clever employment schemes. So you gain nothing and people who were already disadvantaged loose. Yay.