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Comment by Hammershaft

Any primary residence carve out creates a whole lot of bad incentives.

1) Families and marriages formally splitting so that each member can keep one residence

2) People selecting their highest value commercial property at cost as their primary residence regardless of practicality to exempt the tax.

3) Many of the best positive effects of the tax on gradually reorganizing urban geography are seriously lessened.

parent Hammershaft 1 month ago

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