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The eviction moratorium was effectively using the “wealthy” as a capital buffer, by delaying payments. The solution for refilling that buffer is to tax the “wea
by setr 5y ago
The eviction moratorium was effectively using the “wealthy” as a capital buffer, by delaying payments. The solution for refilling that buffer is to tax the “wealthy” and use their income to fill in their own deficit?
This is getting pretty circular.
- bumby 5y agoWhat's your thoughts on moving it up another level to the banks? E.g., if tenets can't pay the landlord, the landlord gets a temporary interest deferment from the bank. I've heard this discussed as essentially recompense from the industry bailed out 12 years ago by the taxpayer