How the rich make life worse for the rest of us
In the NY Times, a “Big City” column about an 11-unit brownstone in Brooklyn Heights being converted into a single $18 million-dollar mansion.
Libertarian types often say, “how does it hurt you if some other guy gets rich?” Well here is an example. Eleven families of more modest means are prevented from living in a desirable neighborhood because of a single rich family.
It would be better if the rich paid higher taxes so they didn’t have enough money to do these types of things. And I’d give 10-to-1 odds that the family who will purchase this mansion are voting for Hillary on Tuesday, Hillary whose campaign platform includes raising taxes on the rich.
It’s high time that Republicans stop being the party of low taxes on the rich now that the rich aren’t even voting Republican.