this post was submitted on 23 Aug 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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[–] [email protected] 16 points 5 months ago* (last edited 5 months ago) (1 children)

Oh, come the fuck on.

Two steps back, one step forward. As recently as 2017 the rate was 35%. It was 38% until 1993.

The same with the border shit. I thought the whole thing with the border was supposed to be "political brinkmanship" then why is Harris promising to bring it back and sign it into law? The act that amounted to saying "Fuck them DREAMers we've been leaning on politically for over a decade?" What even is this?

How is this the best the Democrats can offer?

Bad enough that they're funding a genocide and trying to avoid talking about it, they're just peddling to the right... as usual.

[–] [email protected] 2 points 5 months ago

They're not peddling to the right, they are on the right. They're the moderate wing of the US's one party.

[–] NatakuNox 7 points 5 months ago (1 children)

Triple that number and we'll be getting somewhere

[–] Lowpast 4 points 5 months ago (1 children)

In almost no situation will a tax that high result in more taxes being collected. Check out the Laffer Curve.

[–] disguy_ovahea 4 points 5 months ago

Correct. The loophole closure proposals in her tax plan will have a much greater impact.

[–] HeyThisIsntTheYMCA 4 points 5 months ago

how about 90

[–] Professorozone 4 points 5 months ago

Ummm, what will a rate hike do for corporations that don't pay taxes? To make up for it they'll probably increase the subsidies. "Sorry we hiked the rate. Here's some extra capital this year."