Archived If real...your mortgage could disappear like a leaf on the wind. (kek.gg)
submitted ago by QualityShitposter
Posted by: QualityShitposter
Posting time: 2.8 years ago on
Last edit time: never edited.
Archived on: 6/7/2018 10:00:00 AM
Views: 976
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13 upvotes, 5 downvotes (72% upvoted it)
Archived If real...your mortgage could disappear like a leaf on the wind. (kek.gg)
submitted ago by QualityShitposter
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[–] ScreaminMime ago (edited ago)
That's EXACTLY what 95% of people would do!
Plus someone with a $50 mortgage gets no more than the person with a $500k mortgage? I don't think anyone would be happy.
[–] QualityShitposter [S] 0 points 1 point 1 point (+1|-0) ago
Think of how pissed the progressive tax proponents would be. :-)
Everything goes to sales tax, so there's no more wealth redistribution from middle class to lower/upper.
[–] ScreaminMime 0 points 1 point 1 point (+1|-0) ago
Yeah, I like the idea of the "Fair tax" in theory. In reality it wouldn't wipe out ALL the other taxes as intended and the other taxes would slowly creep back into existent. In the end all we would accomplish is raising a federal sales tax on every plus all the other bullshit.
[–] wtfeva ago
Why not? Its all relative. The pains of that $50 could be equal to the pains of the $500k.
Would be an insane redo.