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Programs that benefit richer people aren't framed as "social programs" and generally aren't saddled by Kafkaesque bureaucracy and scrutiny. Compare the sheer t
by jkaptur 6y ago
Programs that benefit richer people aren't framed as "social programs" and generally aren't saddled by Kafkaesque bureaucracy and scrutiny.
Compare the sheer toil of using food stamps vs using the mortgage tax deduction.
- pmiller2 6y agoForget mortgage interest deductions. Take a look at cash back rewards cards. Cash-using households ultimately end up transferring money to card-using households this way, because merchants don't usually set higher prices for card users to compensate for fees. See https://www.bostonfed.org/publications/public-policy-discussion-paper/2010/who-gains-and-who-loses-from-credit-card-payments-theory-and-calibrations.aspx https://www.bostonfed.org/publications/public-policy-discuss... I get an average of 1-2% off of almost everything I buy simply because I can use a cash back rewards card to do it. It's sickening.