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You don't see checked out Costco employees because there are supervisors physically present, and it's very obvious when those employees aren't working, because
by awillen 5y ago
You don't see checked out Costco employees because there are supervisors physically present, and it's very obvious when those employees aren't working, because their work is physically visible. A tech worker working remotely doesn't have that same constant, direct ovresight.
Your proposition about a 60% tax just wouldn't work at all - with that kind of a tax, landlords wouldn't be able to pay for maintenance. I know it's popular in some circles to think landlords are just making infinite profit and greedily keeping it away from the impoverished, but there are substantial costs to owning property, and you can't just make up taxes that completely ignore financial reality.
- _8j50 5y agoIt's a balance, 60% is not from the whole rent, if you charge 30% of poverty line you pay 0 tax. Whatever you charge on top of that is taxed. Right now the fed poverty line is 20k/yr a 3rd of that is roughly 6k/yr which is 500/mo untaxed. If you charge 1000 rent you pay 300 tax and keep 700. All it means for landlords is they raise rent until they are satisfied with net rent. This means they get less tenants or they are forced to limit rent based on what people can afford while reducing homelessness. It reduces imbalance in areas like LA where rent just keeps going up despite how much people make and there is little new housing. If you can afforf more rent, some of that goes for reducing homelessness so you also have less crime and all that too. If you can charge more rent, the amount you can keep charging because people will pay for that area without considering the poverty and misery it will cause will also be limited.