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Who is taxing the rich? We gave the rich a huge tax break 4 years ago... This article smells like gaslighting, to me.
by MagicWishMonkey 5y ago
Who is taxing the rich? We gave the rich a huge tax break 4 years ago...
This article smells like gaslighting, to me.
- metalliqaz 5y agoRead the article. This is a global thing, not US-specific. Los Angeles is planning to put a vacant homes tax on the ballot for 2022, in the face of a mounting homelessness crisis. Hong Kong officials are considering taxing condo developers to deter them from hoarding new units. Ireland is exploring its options. Barcelona has gone as far as threatening to seize landlords’ empty apartments — paying half of market value — and convert the units into affordable rentals. Paris tripled its tax on second homes in 2017.
- elliekelly 5y agoBut only one of those examples is something that’s actually been done. The others are future plans or threats or just ideas.
- metalliqaz 5y agothe parent comment: "We gave the rich a huge tax break 4 years ago" ... which is not a global occurrence. But hey, this is HN, wouldn't want the facts to get in the way of a good narrative
- wwweston 5y agoAnd also, in that example, it actually seems to have worked, just not as much as they hoped, so obviously total failure, right?