Yes.

It's a proposal they will consider next year, and, though highly unlikely to pass, would come to effect on Jan 2026 the earliest

That’s the spirit 😂🤙

does it calculate every year based on what it was taxed up to the previous year?

so it's as if it's bought on December 31st and bought again on January 1st ?

or is it more like a property tax in that it's cumulative...

scare me some more!