four-folding

four-folding. Hist. The quadrupling of a property’s taxable value for purposes of penalizing a person who falsely underreported the property’s true taxable value. “In the State of Connecticut a number of men are chosen annually by each town, to receive from each inhabitant a list of the taxable property in his possession. This list is […]

Hist. The quadrupling of a property’s taxable value for purposes of penalizing a person who falsely underreported the property’s true taxable value.