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Renters will always pay one way or another. You can name it wealth tax or property tax or house tax. It doesn't matter -- the result will be higher rent.
by raincole 5mo ago
Renters will always pay one way or another. You can name it wealth tax or property tax or house tax. It doesn't matter -- the result will be higher rent.
- throw0101a 5mo agoThe point of my post was to indicate that just because you're a home owner (rather than a renter) does not make you special. Property taxes are not wealth taxes, but fees for services rendered by the local government. Both home owners and renters (may) benefit from those fees.
- bagels 5mo agoIt's a wealth tax. You're just describing what the funds are used for. Other types of wealth tax can pay for those things too.
- sph 5mo agoEconomy's doing good? Rent increases because people can afford to pay more, and demand is always very high. Economy's doing badly? Rent increases because costs and taxes for the landlord are higher. UBI? Rent increases because people have more disposable income. --- The secret to the infinite money glitch is to maintain a much lower supply than the demand, and to concentrate jobs within a small area