Re:Canada bans most foreigners from buying homes
by seattle_spring on Monday January 02, 2023 @07:22PM
(#34225738)
A full half of the voting base, or more, fervently vote against their own best interest. Seems like it’s happening in Europe and has taken deep roots in places like Brazil, too. People can’t really be surprised that bad things are happening when they explicitly vote for bad things to happen.
[ Parent
| on HN ]
Re:Canada bans most foreigners from buying homes
by skfingngihg on Monday January 02, 2023 @07:48PM
(#34226008)
I think a lot of it is other people voting against my interests. How many homes in Detroit have democrats demolished in anti-gentrification violence?
Re:Canada bans most foreigners from buying homes
by kevingadd on Monday January 02, 2023 @08:49PM
(#34226517)
What part of demolishing a home is violence? It's property, not a person or a pet. It's important to properly understand and communicate what's going on and what you're upset about. Are you upset about the displacement of the people who lived in the homes, or just about houses being demolished? What was built in their place? If a single-family home was demolished to build multi-family housing, that's a good thing for the housing crisis!
Re:Canada bans most foreigners from buying homes
by dsfyu404ed on Monday January 02, 2023 @10:00PM
(#34227012)
Surely you’re talking about all those wealthy HNers who vote for higher taxes on themselves.
Why is it that when some people vote for their principles but against their wallet it’s a good thing but when others do it it’s a bad thing?
Re:Canada bans most foreigners from buying homes
by asdff on Tuesday January 03, 2023 @03:38AM
(#34229256)
If you think being taxed is a bad thing then you don't really understand what taxes do
Re:Canada bans most foreigners from buying homes
by dsfyu404ed on Tuesday January 03, 2023 @07:23AM
(#34230567)
If you think being taxed is a good thing you really don’t understand what taxes do. I’m very sympathetic to the argument that they are a necessary evil of a functioning society but to call taking peoples resources under threat of violence good implies a perverted moral compass to put it mildly.
Regardless, that’s not the point. The point is that there’s a double standard.
Re:Canada bans most foreigners from buying homes
by asdff on Tuesday January 03, 2023 @02:08PM
(#34236376)
It's not taking peoples resources, you never had that money to begin with, you are just the point in which its being collected.
Re:Canada bans most foreigners from buying homes
by Ziomislaw on Tuesday January 03, 2023 @08:24AM
(#34230988)
taxes give more money for politicians to steal, whats good about it?
Re:Canada bans most foreigners from buying homes
by asdff on Tuesday January 03, 2023 @02:07PM
(#34236365)
I'd rather have politicians steal it and use at least a sliver of it for some good than for private individuals to sit on top of their pile of gold while people are in tents outside their compound.
Re:Canada bans most foreigners from buying homes
by cheeseomlit on Tuesday January 03, 2023 @09:20AM
(#34231617)
Taxes in a fiat currency system only exist to remove currency from circulation to prevent excessive inflation. There is no real connection between tax revenue and government expenditure since any shortfall can simply be printed. If you are a US citizen every dollar you've ever given to the federal government has been thrown into a 30 trillion dollar black hole never to be seen again, I wouldn't characterize it as a good thing
Re:Canada bans most foreigners from buying homes
by asdff on Tuesday January 03, 2023 @02:09PM
(#34236394)
Taxes exist to fund the government and I support having a government and public programs.
Re:Canada bans most foreigners from buying homes
by cheeseomlit on Tuesday January 03, 2023 @02:59PM
(#34237119)
They don't though, that's what I'm saying. Take a look at https://www.usdebtclock.org- the US government is funded by debt, not taxes. If the government accumulates so much debt that it becomes a mathematical impossibility for tax revenue to ever pay it down then what is the actual purpose of paying those taxes? The purpose is to remove privately held currency from circulation, which is necessary if you want to print trillions of newly-created dollars without instantly triggering hyperinflation. If that were not the case, they could stop collecting taxes altogether and operate exactly the same as before- the only difference being the national debt rising at a faster rate. In the US at least, taxes exist solely as a release valve to enable shockingly irresponsible monetary policy
Re:Canada bans most foreigners from buying homes
by asdff on Tuesday January 03, 2023 @06:21PM
(#34239572)
If people stopped paying taxes things would not go smoothly for long
Re:Canada bans most foreigners from buying homes
by anticensor on Friday January 06, 2023 @09:23AM
(#34274841)
That only holds up if there is only a single tax recipient that is controlled by the same entity as the entity that controls the money printing. That is almost never the case, as there are local taxes, rebates, fines, deductions and exemptions. In fact, even the central and local governments pay each other.
Re:Canada bans most foreigners from buying homes
by philippejara on Tuesday January 03, 2023 @09:45AM
(#34231944)
>A full half of the voting base, or more, fervently vote against their own best interest.
You really shouldn't assume you know more about half a voter base's own interest than they themselves do, regardless of their "side" in an election. People are driven by different things and put different weights on said things than you do.
The only thing this kind of thinking does is infantilize adults at best and demonize them at worst, which is pretty silly when you're talking about half the voting population.