Polity Atlas
Glossary term

Harberger tax

Also: COST, common ownership self-assessed taxЧитать на русском

A tax on self-assessed property values combined with an obligation to sell at that value to any buyer.

In more detail

Named after economist Arnold Harberger and revived in Radical Markets (2018). It discourages under-declaring value and idle holding, at the cost of ownership security.