I'm not going to argue. But I've had a little time to order my thoughts so I'll expand on my comment. This is a classic pincer manoeuvre in class warfare, wher

I'm not going to argue. But I've had a little time to order my thoughts so I'll expand on my comment. This is a classic pincer manoeuvre in class warfare, where the top of the pyramid brings in a policy that extracts X from the middle class, then divvies it up at at a 10%-90% split between the lower and upper class. The majority of the benefit goes to the landlords. It is a cynical policy. The actual policy that is good for everyone is to generate more wealth so that more of the lower class moves into the middle class. That would be policies that increase the housing stock, removal of policies that unduly favour rent seeking, or the classic land tax that nobody wealthy wants to talk about. We've been at this for centuries - redistribution is not the way to set people up for success. Giving them opportunities to work hard on valuable things is.