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These aren't all issues though. Another contributing factor is that home/lands ownership can be inherited. That's going to be the biggest contributer as time g
by ffsm8 2y ago
These aren't all issues though. Another contributing factor is that home/lands ownership can be inherited.
That's going to be the biggest contributer as time goes on (not right now though), as eventually all desired land will have been bought by what amounts to an oligarchy.
Honestly, land/homes should never be inheritable, and companies should never be able to own land altogether.
Not that this would ever happen. The status quo is too profitable for the land/home owners.
- eszed 2y ago>land/homes should never be inheritable Eh, nah. But, there should be inheritance taxes set at a level which prevents the formation of a "landed gentry". Unfortunately, the issue has been demogogued to the point that middle-class people (who won't have anywhere near the assets to be taxed, as in not by an order of magnitude) treat the idea as anathema.
- AnimalMuppet 2y ago"Bracket creep". The middle class is afraid of taxes that are "for the rich" being extended to tax them. And not without some reason - income tax was sold as "only for the rich".
- ethbr1 2y agoThe easiest way for the rich to decrease taxes has been to extend them to the middle class and then push for tax cuts.
- AnimalMuppet 2y agoWhere do you get this "should"? What moral basis do you use for saying that it "should" be this way?