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A comment on 30,000 empty homes and nowhere to live: inside Dublin’s housing crisis. Parent comment

Re:30,000 empty homes and nowhere to live: inside Dublin’s h... by ryanwaggoner on Thursday November 29, 2018 @12:19PM (#18561832)
Almost no one actually paid that though:

Between 1950 and 1959, he notes, the highest earning 1 percent of Americans paid an effective tax rate of 42 percent.

https://slate.com/business/2017/08/the-history-of-tax-rates-...

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Re:30,000 empty homes and nowhere to live: inside Dublin’s h... by scotty79 on Thursday November 29, 2018 @03:46PM (#18563828)
If UK had progressive property tax that only Duke of Westminster paid, it still would be massive gain for real estate affordability.
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Re:30,000 empty homes and nowhere to live: inside Dublin’s h... by ska on Thursday November 29, 2018 @12:23PM (#18561872)
Yes that's true (and expected, after all that's what the "progressive" part means).

Not supporting the silly 10 apartments thing.

I'm just pointing out that progressive taxation, even with very high top marginal rates, is not socialism - and we do ourselves a disservice when we pretend it is.

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