2,328 karma · joined May 22, 2015
If you lower the taxes on rental income, more people will buy houses (and build new ones!) to take advantage of the reduction in taxes. However, they will still have to rent the apartments/houses out at market prices. The rental price will go down because now there is a greater supply of houses, and renting out an apartment at a lower rent is equally profitable as before (since you don't have to pay as much in taxes).
The cost of purchasing a house, however will increase, because there are more landlords competing to purchase the house with you.
Overall, the real problem is zoning single family homes everywhere, and rent control that disincentivizes building new housing.
I didn't argue for no regulation. I argued for less regulation.
There is regulation that provides almost no safety benefit (because there is already plenty of regulation), while increasing cost noticeably.
When people die in regular road accidents, it's just a few at a time. Not compelling enough for even a mention in national news coverage. When a plane or train crashes, it's hundreds simultaneously. Often with a good debris field too. Good enough to lead with.
1. No one wants to lend to your country again because you paid them back with currency far less valuable than expected
2. Nobody wants to use your currency as a means of exchange in international transactions because it can fluctuate suddenly
3. Massive redistribution of wealth from savers and lenders to borrowers (maybe a good thing on the whole, but devastating for people headed into retirement)
4. Anything (including govt. programs) that aren't indexed to inflation are suddenly far less valuable
Please explain this. Are you suggesting governments can just stop taxing, and print the money to pay their debts with no ill consequences?
It's better than forbidding such behavior for many reasons. The simplest reason is that it's better to make revenue dis-incentivizing something bad (pollution) as opposed to dis-incentivizing something good (income).
We certainly now know the impact of deforestation, and that it affects the entire planet.
They tend to keep those kinds of things pretty secret. We didn't know about all kinds of spying they do on us for even decades after the spying started.
Also, latitude is irrelevant. If central Europe got as much snow as Canada they'd probably have far less solar panels.
We're also talking Canada, which isn't the best for consistent sunlight.
I agree though that the HN crowd as a CEO would want lots of effort to study how to make the most recognizable and liked brand.
At least at the local level if something is insanely broken you can have action to correct it. But getting a law to do anything at the federal level is almost impossible unless you fill it with pork for every lobbyist in the DC zip codes.