News for hackers. Stuff that matters.

A comment on Priced out of home ownership – 'It makes me want to throw up'. Parent comment

Re:Priced out of home ownership – 'It makes me want to throw... by AnimalMuppet on Tuesday May 28, 2024 @03:54PM (#40504886)
"Bracket creep".

The middle class is afraid of taxes that are "for the rich" being extended to tax them. And not without some reason - income tax was sold as "only for the rich".

[ Parent | on HN ]
Re:Priced out of home ownership – 'It makes me want to throw... by ethbr1 on Tuesday May 28, 2024 @03:56PM (#40504902)
The easiest way for the rich to decrease taxes has been to extend them to the middle class and then push for tax cuts.
[ Parent | on HN ]