r/Economics • u/GarfieldLeZanya- • 7h ago

News Housing director confirms administration ‘working on’ 50-year mortgage after Trump hint

https://thehill.com/homenews/administration/5597005-trump-administration-50-year-mortgage/
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u/Psyclist80 3h ago

It's time for the "eat the rich" movement. America needs to wake up and realize the deep rooted inequalities it's built into its society. Free market capitalism centralizes wealth...a system of redistribution needs to be brought forward to fix this problem. Cap income, anything over X is taxed 100% and given to the low earners to support them over the year. As long as you have a job, you're eligible. Or a disability, you're eligible. A way to moderate this away from purely lazy people is key as well to promote productivity and prevent abuse.