Welch Tax Reform Resolution, 666: Difference between revisions
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→Article 1 - The Land Value Tax=
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:9.2 - A Luxury good is defined as: Haute couture/designer/custom fitted clothing, accessories such as jewelry and high-end watches, high-end automobiles (Sports cars, SUVs, EVs, Super Cars, Race Cars), private yachts, and wine costing more than 150 florins per 375mL bottle.
===Amended Text===
====Article 1 - The Land Value Tax====
:1.1 - Creates an annual flat tax on the value of privately owned and managed land.
:1.2 - Specifically excludes the valuation of any property or improvements to a parcel of land.
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