There's a very simple solution to that problem. Tax Alice in Y rather than in $.
How would this work with real-estate? Probably the Y that should be taxed the most when we're talking about wealth.
A lien on the property? Although almost all jurisdictions already have property taxes, so it hasn't been an insurmountable problem so far
How would this work with real-estate? Probably the Y that should be taxed the most when we're talking about wealth.
A lien on the property? Although almost all jurisdictions already have property taxes, so it hasn't been an insurmountable problem so far