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Tax credit for mortgage interest encourages speculative investment in the housing market. Tax credit for credit card debt encourages consumer economic activity.
by edwr 3y ago
Tax credit for mortgage interest encourages speculative investment in the housing market. Tax credit for credit card debt encourages consumer economic activity.
- red-iron-pine 3y agoyou have to live somewhere. maybe you rent, but renters DGAF about the local community the way that homeowners do. home (property) taxes also fund a lot local services, schools, etc. you want prices higher and stable, and not dominated too heavily by mega-corps that will weasel out of paying said taxes.
- i80and 3y agoI've rented in my town for ten years, and I care about it a lot thank you very much. Renters absolutely care about the local community.