Law Offers Rich Luxury of Not Paying "Luxury Tax"

As you may recall, the government recently enacted a new "luxury tax" on lavish homes in Hungary, in order to help close the country's horrific budget gap, and (at least for the government) the even more horrific gap in the opinion polls between the ruling Socialists and the opposition. On the other hand, you may recall that the entire tax system in Hungary is pretty much designed for rich bastards like those running the Socialist party to dodge any and all taxes in Hungary. And this law appears to be no exception, as the following so-big-you-can-drive-a-villa-through-it ambiguity nicely demonstrates:

The luxury tax will be payable by the individual who is shown as the owner of the home in the property register on the first day of the relevant tax year if the home is not encumbered with any rights, or the individual who holds the rights if the home is encumbered. The luxury tax will be payable on the value calculated in accordance with the provisions of the draft bill, which is the product of the "base value" of the home multiplied by adjustment coefficients reflecting the technical and physical attributes of the home.

If you are wondering what "adjustment coefficients" means, a workable definition would be "a whole assload of totally arbitrary factors that any Hungarian accountant worth their weight in sand can turn into anything they like." Which means that, in the end, the people who are supposed to be hit by this tax (including Prime Minister Ferenc "I only live here" Gyurcsány himself) will probably end up making money off of it.