Comments by "Matthew Nirenberg" (@matthewnirenberg) on "Graham Stephan"
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Abolishing the IRS and having a flat 30% sales tax is a great idea and easily implementable if done by the federal govt, especially given most people are using electronic payment methods these days.
As for housing - building more won't do anything other than make everything worse. They're doing that in Australia and guess what, houses are getting more impossible to afford. Why? Because every time they build more housing or new suburbs, its always marketed as the "best thing ever" and priced according to the neighbouring areas plus a premium because its new and "fancy", no matter how average it is.
This simply pushes the areas prices up by increasing local property values. Then to make it even worse, they let foreign companies and foreign investors (who aren't citizens or permanent residents) swoop in and buy it all up for insane prices which continues to push prices up. The only affordable property in Australia is in the countryside away from everything so if you need to work or buy food, good luck.
Oh yeah, all these new developments are always done on the best farmland by increasing council rates (a type of property tax) so much that farmers have no choice but to sell. No farmers means no food but the govt doesn't care - they only look at the money they're making via the taxes they get from the development and sales (Stamp Duty, CGT, GST, etc.).
Urban sprawl needs to stop - aside from destroying prime farmland, its abolishing the countryside. Cities are now so sprawled that they're becoming one. Its assumed that if the current urban sprawl continues in Victoria, Australia, that Kyneton will become a suburb of Melbourne by 2035.
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