[chasd00]

> We are talking about people with meaningful wealth. They can afford to be taxed without waiting for it to be perfectly 'fair’

I don’t see that holding up in court.

[doubleunplussed]

This is putting the cart before the horse.

What is being proposed is to change the law. A court will absolutely uphold that law, once it is written. What it would do under current laws is irrelevant.

[cool_dude85]

Plenty of unfair taxes hold up in court. Property taxes are an "unfair tax" in the same sense.

Of course, the assessor can't exactly predict the value of a commodity like a home with complete accuracy. Some people get undercharged and some get overcharged, this might even be a systemic thing. But as long as it's "good enough", then the tax works more or less how it should.