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A comment on Low interest rates in advanced countries have pushed money into real estate. Parent comment

Re:Low interest rates in advanced countries have pushed mone... by odiroot on Wednesday November 24, 2021 @04:21PM (#29335310)
> TL;DR: things that people produce such as labor, products, and services are not taxed at all. No payroll taxes [..]

This is actually very logical. Never understood why salaries are taxed so high. Always seemed to me like the governments are punishing workers for actively working.

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Re:Low interest rates in advanced countries have pushed mone... by imtringued on Thursday November 25, 2021 @05:47AM (#29340149)
The government also spends the money on things like hospitals which raises the value of the land so you end up paying twice. Pay taxes and then pay increased rent to get access to the things your tax money was spent on. It's highly inefficient.
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