Sure, I wasn't suggesting that a special tax break created for elderly who wish to avoid moving out of a house they were fortunate enough to buy for far less than its current market value should continue to apply when they no longer need the house.
Why wouldn't you organise things so that property-owning dynasties aren't able to freeload off the appreciation in their property values accruing from the work and taxes paid by others?
Why wouldn't you organise things so that property-owning dynasties aren't able to freeload off the appreciation in their property values accruing from the work and taxes paid by others?