No. of Recommendations: 2
It would violate the constitution. The federal government can't tax assets, but it can tax transactions (egs. earned income, sales, inheritance, dividends). Not paying rent is not a transaction, so the proposed tax would be an ad valorum tax on assets, which is constitutionally reserved for the states.

Not buying health insurance is not a transaction, either, but SCOTUS ruled it was constitutional to tax that.
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