3 ms·
I think I've got a clear understanding of capitalism but let me know whether something is missing: https://goo.gl/DEIU6Y https://goo.gl/DEIU6Y Assuming what y
by Dowwie 11y ago
I think I've got a clear understanding of capitalism but let me know whether something is missing: https://goo.gl/DEIU6Y https://goo.gl/DEIU6Y
Assuming what you mean by "a yearly tax that covers the cost" , which I have also quoted although it's obvious what was meant by what was said, it's not covering the "true cost to society". I don't have to stretch far to define this cost as there is a limited supply of housing and you know where this leads.
I like your suggestion that we charge investors, at least of the high-net-worth or institutional kind, for participating in housing. However, how we measure that tax needs to include variables other than taxes paid for waste management and law enforcement.
Oh this is good stuff. Thanks for contributing! ;)
- deleted 11y ago[deleted]