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https://fiscal.treasury.gov/public/g...overnment.html | |||
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![]() it sure is easy to make up a false scenario and cry about it. Who said 100%? When? Ever in american history??
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![]() nope cause native american tribes got the land back and money.
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![]() Re: housing prices, taxation and the state of things.
You cant fix the country with legislation, we have a culture problem. When it comes down to it the good guy is the one who owns the deeds. Doesn't matter how they got them. | ||
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Most increase in tax-proponents are not willing to make a financial gift to the government of their own money, despite being able to do it electronically in just 1 minute. After all, it feels better to be virtuous with other people's money And I am FOR limiting investment firm's ability to invest in real estate if that is indeed the reason that is pricing the middle class out of being able to afford a home. Banks already impose limits on total number of loans for property, these are just being circumvented by paying cash | |||
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https://www.businessinsider.com/russ...-estate-2012-4 edit: of course, culturally, if anyone you ever knew sold their family property to a Russian investment firm you'd all champion their shrude American business savviness. While the country burns to a sunder. Its all good though because Bidden makes sure "walmarts shelves were stocked." | |||
Last edited by Jibartik; 12-31-2021 at 04:19 PM..
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So taxing the living shit out of the ultra-wealthy does nothing to change this, because these people are outside the US tax jurisdiction The only thing that will help is putting limits on the practice. Which I'm assuming they'll still try to circumvent. But then maybe they can get caught doing so in an audit or something | |||
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The issue is simple, the concept of rolling back investments in the usa is like blasphme to its people, and most of the world at this point. But that is literally killing inside and outside of America. Culturally we need a major wakeup call. I dont believe we can fix this with legislation because I've watched us try for 50 years and the disparity and gap between the rich and poor here only gotten worse. We've forgotten what makes people whole and replaced it with 1920s stock market frenzies and corperate tiktoks and ad revenue being the holy grail of creativity. | |||
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Without this license, you are limited to buying an arbitrary number of properties, say something like 5 Why couldn't something like this happen? | |||
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