Agreed, some murders and rapists get less than 5% of this sentence. The issue is consecutive jail terms where one "big crime" is cut into many crimes so that each adds to the total.
Let me give you an overly simplified example. You are in a property market where rental yield is 3% (happens in some cities)
You could put a million dollar into buying a house and save $30k in rent every year
or
You could rent a million dollar house for $30k, and invest your million dollar in the market at 7%, returning $70k per year
Obviously this gets more complicated with mortgages, taxes, maintenance, interest rates, etc. but the gist of it is that owning your home always comes with an opportunity cost, every dollar of house equity is a dollar that isn't invested somewhere else. Depending on circumstances, renting might be the most economical choice.
What you forget is the cost of opportunity: the money that is stuck in a house is money that would yield income if it was invested somewhere else. Long term stock markets typically return 7%+, while rental return (or the rent you save by buying) can be anywhere from 3 to 7% depending on market, minus maintenance and other holding costs.
So there's no fast and hard guarantee that owning or renting is best - you need to run a proper simulation with the right parametres taking everything into account. In markets with low rental returns, renting is typically optimal.
She actively plotted and traveled to get revenge and clearly didn't act in self defense. While it's easy to be sympathetic to her story, her guilt seems difficult to deny.
The issue with housing is that the supply is limited. If you increase demand and not supply you just increase prices. Giving buyers $25k extra to spend means every home owner is now gonna jack up their selling price by $25k. This is, in the end, a subsidy for existing home-owners. Who already are doing pretty well, thank you very much.
Denying the existence of supply and demand always lead to policy failure. The way to address housing cost is to lower the cost of housing, not make housing more expensive by helping people outbid each others.
Nah they are "illegal migrants". There are places you can go and some you can't and that applies to everyone. There's a wide gap between "compassion" and "free for all anything goes".
Intel has also made a similar blunder by trying GPUs and abandoning them (they got there early with the i740, then Larrabee). Saving a few dollars by gutting emerging products line has cost them billions
Oh please explain to me how marginal rates work... 🙄
If your marginal tax rate is already 30% and you decide to earn an extra $1, that $1 will be taxed at 30% and you get $0.70 in your pocket. That's what "marginal" means.
“Taxing at 100% also brings no tax revenue” is already a stupid statement, and is Tautologically contradictory
It's not. If you work 40h per week and can do overtime but that overtime is taxed at 100% (because yes, that's what marginal rate means, it's the rate the extra income will be taxed), virtually nobody will bother doing that overtime. The handful who do will probably not clock-in because anyway, there's no point since it will bring no income after taxation.
You can't because the French Constitution and Human Rights guarantee the right to private property and a fair and proportional taxation. And that's likely similar all over the western world.
And only the US actually collects on it, because they are so at the heart of the financial world they can strongarm banks to report on their US clients.
Exit taxes are "one shot". You pay them when you move out and then enjoy a lower taxation level for the rest of your life. Not much of a deterrent, at best a last ditch attempt at grabbing a few more dollars as your highest tax payers leave.
I dunno dude, I am just explaining while this move isn't a contradiction with libertarian ideas.