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[-] Ledivin@lemmy.world 7 points 1 week ago* (last edited 1 week ago)

I agree with the core argument, here, but...

Interesting how "unrealized gains" only become a problem when wealthy folks are involved

...do you think wealthy people don't own property? 🤔

[-] JennaR8r@lemmy.dbzer0.com 4 points 1 week ago

Ah! So you're telling me that wealthy people DO get taxed on the unrealized gains of the properties they own? Just like us normies do?

[-] TwitchingCheese@lemmy.world 2 points 1 week ago

Not for long, see the push by Republican groups for abolishing property tax.

[-] JennaR8r@lemmy.dbzer0.com 0 points 1 week ago

If property taxes are abolished it better be for EVERYBODY, not just for billionaires & corporations & private equity groups.

[-] pingveno@lemmy.world 5 points 1 week ago

In the US, the mortgage interest tax write-off goes disproportionately to the wealthy. It also inflates housing prices, so it doesn't really help affordability. Certainly not enough to justify the cost.

this post was submitted on 24 May 2026
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Work Reform

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