Fifty years of Reaganomics— laissez-faire vulture capitalism and neoliberalism—has resulted in the massive wealth gap we see today between the rich and poor in the USA and in other countries. Trillions in tax revenue have been lost due to deregulation and the dismantling of checks and balances in the system. This shift has handed disproportionate …
Tag: Public services
Permanent link to this article: https://heinesen.info/wp/en/blog/2025/03/29/trickle-down-economy-doesnt-work/
Jun 27 2024
Can Higher Taxes Ensure More and Cheaper Housing?
By Elin Brimheim Heinesen Let’s discuss a topic that often leads to contention in the political arena: taxation, particularly when it involves property taxes and imposing higher taxes on the wealthy. Is this advantageous or disadvantageous for society? In this article, I will argue that requiring the wealthy to pay more in taxes, such as …
Permanent link to this article: https://heinesen.info/wp/en/blog/2024/06/27/can-higher-taxes-ensure-more-and-cheaper-housing/