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Re:America's Growth Ponzi Scheme by jahaja on Monday May 18, 2020 @10:44AM (#23222942)
I don't really understand why higher income taxes is such a big deal in the US. Instead of income taxes you seem to be fine with inflated rents to landlords, massive mortgages, unaffordable child care and education and so on. So regular payments are fine as long as it's not to the government?
Re:America's Growth Ponzi Scheme by JumpCrisscross on Monday May 18, 2020 @10:58AM (#23223140)
> regular payments are fine as long as it's not to the government?

I live in a high-tax city in a high-tax state and don't do anything aggressive to reduce my tax burden. But if my landlord screws me, I can move. Universities charge an arm and a leg, but there are alternatives, from community colleges to state and foreign schools. Taxes are unavoidable.

Re:America's Growth Ponzi Scheme by jahaja on Monday May 18, 2020 @11:04AM (#23223229)
I'm sorry but that's some free market bubble nonsense, most people can't "just move" and just "pick another uni".

It's not that you magically can find some other landlord that's doesn't offer something with 3x rent compared to western-Europe.

Re:America's Growth Ponzi Scheme by JumpCrisscross on Monday May 18, 2020 @11:09AM (#23223286)
> that's some free market bubble nonsense

You're asking to understand a different perspective. I'm trying to offer that perspective.

> most people can't "just move" and just "pick another uni"

No, but they can weigh the cost of living in e.g. Manhattan versus Queens versus upstate. And they can weigh the cost ex ante of a private university versus community college.

Housing and education have high lock-in. But there is a degree of competition and choice with respect to incurring their costs. That doesn't exist with taxes, which makes some people more cautious about them.

Re:America's Growth Ponzi Scheme by jahaja on Monday May 18, 2020 @11:32AM (#23223642)
Who can do that? You're assuming that people can downsize. For most rent, childcare, healthcare etc is just another recurring bill, not unlike taxes.