Comment on The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily
Not for long, see the push by Republican groups for abolishing property tax.
If property taxes are abolished it better be for EVERYBODY, not just for billionaires & corporations & private equity groups.
In the US, the mortgage interest tax write-off goes disproportionately to the wealthy. It also inflates housing prices, so it doesn’t really help affordability. Certainly not enough to justify the cost.
JennaR8r@lemmy.dbzer0.com 5 days ago
If property taxes are abolished it better be for EVERYBODY, not just for billionaires & corporations & private equity groups.
pingveno@lemmy.world 5 days ago
In the US, the mortgage interest tax write-off goes disproportionately to the wealthy. It also inflates housing prices, so it doesn’t really help affordability. Certainly not enough to justify the cost.