Comments by "Immudzen" (@Immudzen) on "This is blackpilling America; no one will want to work in this economy" video.

@gonzie72114 Adam Smith also supported very high marginal tax rates up to 95% or so to prevent large wealth accumulation because it distorts and breaks the system. Companies are also supposed to have high marginal tax rates to encourage them to invest in the company, workers, technology etc. instead of just buying back stock or hoarding the money. This rent seeking culture and the super wealthy is actually anti-capitalism and degrades the entire system.
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@streamofthesky I fully support this idea! Houses should be where you live not investments.
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@Greenitthe The market can't be free when it gets distorted so much. I have seen news houses build and a property group come in and buy ALL of them and then rent them out. The rents more MUCH higher than what a mortgage would have been and it drove up home prices in the area. It also allowed them to keep increasing the rents every year because there was no other alternative. If other houses in the area in other developments went up for sale they bought those also.
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@Cryptid Dating Sim That is being tried in one city right now and it still needs to pass and then go before the courts to look at the legality of it. It is hotly being discussed at least.
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We need to do something to deal with this for-rent culture. Houses need to be places where people live and not investments. Using them as investments is destroying the country.
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