Wealth inequality is the driving force behind our problems today. Guess what fucktard. That conservative picture of peak America in the 50s was only possible because of tax redistribution. Economic security for ALL Americans was at its peak when unions were strong and CEOs were making only 20x more than their average worker instead of 300-400x more! Because of a top tax rate of 91% that, you guessed it, REDISTRIBUTED WEALTH!
Cool. Infringing markets is counterproductive to your cause of increasing wealth equality. Similar, the most hurtful taxes to increasing wealth equality is corporate taxes and personal income taxes. Further, every time a higher minimum wage is passed, the poorest demographics lose jobs (and usually don’t vote for it). Similarly, rent controlled areas like NYC have the worst homelessness because it’s illegal to build houses and decrease prices through increasing supply.
The government should having nothing to do with housing, and maybe it would be more abundant and cheap. Like other things they stay away from. Markets work to increase wealth equality naturally, which is why the poorest individual in the US is richer than the poorest in controlled economies by orders of magnitude
you get some things but it’s clear you’re parroting talking points and don’t actually have a working knowledge of economic theory. increasing corporate taxes and personal income taxes is well documented to not heavily dissuade domestic investment. it how however well documented that decreasing those taxes does not benefit and is harmful to citizens. i suggest you do some research
I study econ. the modern “theory” that suades taxes to be anything other than spending money in a way that’s not as economically efficient than if citizens and private actors just kept their money, is flawed. parroting talking points sounds something like “high taxes are good” and “we should set price ceilings and floors on markets to make them more efficient” and then wonder why economic inequality is bad and why the supply of housing is frozen, artificially increasing prices.