Erin Riley
Since increasing mortgage repayments by hundreds or thousands of dollars per month - and the flow-on effects for renters- isn’t working to curb inflation, how about we do something that affects the spending of people who own their homes outright and have large disposable income- a lot of policy options available there.
Jun 7, 2023 at 12:14amWeb
Show threadStephen CollinsJun 7, 2023

@erinrileyau so, tax the wealthy!? Revolutionary (see also: the global reduction in rates and overall percentage of tax paid by the highest earners and corporations since WW2). The combined influence of donors and state capture might be a small hurdle, Erin.

But, I'm not telling you anything you don't already know.

Show threadBlacksmithJun 8, 2023

@erinrileyau
Unfortunately that would require the current government to step outside it's business as usual.

Not confident it is even thinking about it, let alone doing it.