A yearly auction is overkill. Do it every 5-10 years with a fee the longer you d... | Hacker News

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		imtringued on May 14, 2022 \| parent \| context \| favorite \| on: Book Review: Progress and Poverty A yearly auction is overkill. Do it every 5-10 years with a fee the longer you delay the next auction. (Like banks charge more interest the longer a fixed rate loan is)

MiddleEndian on May 14, 2022 [–]

Eh still sounds pretty terrible really. The assessment people should be able to figure it out however they normally figure out taxes.

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