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When tax rates are reduced, my income stays the same, but rents go through the roof and I become worse off.
Aggregate income must increase for tax collections to rise...so WHO (besides landlords) is seeing income growth when taxes are cut?
If you want aggregate income to go up then try printing money and giving it to everyone. That will get you prompt increase in income and with it a prompt increase in spending and with that a prompt increase in employment.
When tax rates are reduced, my income stays the same, but rents go through the roof and I become worse off.
Aggregate income must increase for tax collections to rise...so WHO (besides landlords) is seeing income growth when taxes are cut?
First, go elsewhere and rent if you don't like it.
Second, your landlord has taxes, replacement of things tenants break and other things to fix that costs money as well as insurance.
More than likely your landlord has tons of higher expenses since the day you moved in.
That aside, remove some of the hundreds of restrictive business laws of the last few years, get tort reform done and lower the rates to Reagan days and you'd see businesses blooming and an increase to the treasury.
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