• csfirecracker@lemmyf.uk
    link
    fedilink
    arrow-up
    29
    ·
    1 year ago

    The idea being proposed here doesn’t outlaw renting, only corporate ownership of residential property. It means that the people you’re renting from are human beings who will eventually die and either be estate taxed or the house will be sold, rather than a corporation who owns your property until they go bankrupt or until the sun explodes.

    • MajorHavoc@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      1 year ago

      Bingo. A lot of current problems get better by:

      A) 100% death tax on all money over 100,000,000.00 at time of death. B) Closing loopholes that allow hiding that kind of money in unnecessary corporate assets or non-charitable trusts. C) Cracking down on what qualifies as a charitable trust. Want to leave that money to trust that makes the world better, better have numbers to prove it or it gets disolved automatically into other more effective charities.