@KatTimpf Housing prices have risen disproportionately relative to income. Immigration and H1Bs have added to the supply/demand part of the problem.
I’m not sure how this is controversial.
@NYCMayor Now begins the process of making it impossible to hold onto private property through rent strikes, fines, etc. Before you know it, everyone but the elite will live in public housing. Congratulations, New Yorkers! You can’t vote your way out of communism.
@RepThomasMassie Hey, remember when you called Trump a pedophile protector and said you were going to read the Epstein client list in congress?
What happened, tough guy?
Did you misplace the list?
Or were you just lying to get attention?
The government taxes you when you earn money, taxes you when you spend it, taxes you when you invest it, and then taxes your children when you die. The federal estate tax currently kicks in at 40% on estates above $13.61 million, a threshold the Biden administration repeatedly tried to lower. Washington frames this as targeting dynastic wealth. It actually targets a lifetime of accumulated savings, already taxed multiple times over.
Property rights mean nothing if the state can confiscate your accumulated capital the moment your heart stops. Murray Rothbard put private property at the foundation of liberty for exactly this reason: ownership that evaporates at death is not ownership. It is a revocable license the state issues and reclaims at will.
Consider a family farm in Iowa worth $15 million on paper, generating $200,000 a year in real income. The heirs owe $540,000 in federal estate taxes within nine months of death. They did not get $540,000. They got a farm. So they sell it, usually to a corporate agricultural buyer, which is a funny outcome for a tax rhetorically aimed at breaking up concentrated wealth.
The capital your grandfather spent forty years building represents deferred consumption, resources he chose not to spend. Taxing that capital destroys it. This process doesn't redistribute purchasing power; it rather converts productive assets into government expenditure, removing them from capital markets where they would have funded jobs, equipment, and future production.
Calling this anything other than state-sanctioned inheritance confiscation requires genuine ideological commitment to the fiction that the state has a prior claim on what you built.
@iAnonPatriot Modern equivalent of slave owners. And if a worker gets hurt, they’re on their own. When are we going to start charging these criminal employers?
@RepThomasMassie@SecWar I say this with all sincerity as an American with beloved active duty family members. Go f*ck a cheese grater, you pathetic, narcissistic traitor.
I hope you have a miserable retirement. Don’t let the door hit ya.