7 ms·

Can you elaborate, not sure i fully understand what you are thinking. But I want to :)

• jalapenos 10mo ago
  It's an old solution to value-based taxation that's very simple and effective: If someone declares a value, the other party can take advantage of it if it's off the mark. So if the value is self-assessed, the state has the option to buy at that price (and vice versa if state-assessed). This nullifies cheating without any complexity or contention required. You won't undervalue your property to get an e.g. 30% lower yearly tax rate if that risks the other party then buying it to realize a 30% profit (and 30% of total loss for you).