@PareeDave @wmui1 @David_Charts @mattyglesias I don't have debt/leverage so how are assets different than net worth? And I wouldn't fuss except they've explicitly said they wouldn't index to inflation because they want it to hit more taxpayers over time.
@PareeDave @wmui1 @David_Charts @mattyglesias Also valuation is tough- for example, sale in progress- book value is 98K, tax assessed value is 792K, sale price is 4.3M, assuming it doesn't fall through... which value are you taxing?