Price controls cause shortages. The solution is plain old taxes - take money away from the rich. Housing will be cheaper to buy up front when recurring taxes are higher. Your dollar will go farther when other dollars are removed from circulation.
Is this actually true or just post hoc ergo propter hoc?
It seems like we shouldnt need a tax on millionaires just to pay for lunches. It’s more depressing than we weren’t paying for lunches more than it is inspiring that we are now.
IMHO it’s not just to pay for lunches (or whatever else); the primary goal is to limit price inflation and housing speculation. The fact that it generates revenue is an added bonus.
We need more housing in general too, to be honest, and to stop people buying it and directly distribute the housing to families looking for a primary residence.
Price controls cause shortages. The solution is plain old taxes - take money away from the rich. Housing will be cheaper to buy up front when recurring taxes are higher. Your dollar will go farther when other dollars are removed from circulation.
A 4% tax on millionaires in Massachussets got free lunch for school kids in the state
Is this actually true or just post hoc ergo propter hoc?
It seems like we shouldnt need a tax on millionaires just to pay for lunches. It’s more depressing than we weren’t paying for lunches more than it is inspiring that we are now.
Because billionaires lobbied congress to reduce budget for public schools
IMHO it’s not just to pay for lunches (or whatever else); the primary goal is to limit price inflation and housing speculation. The fact that it generates revenue is an added bonus.
We need more housing in general too, to be honest, and to stop people buying it and directly distribute the housing to families looking for a primary residence.