Pete
👤 SpeakerAppearances Over Time
Podcast Appearances
But I don't want to completely disagree with what you're saying earlier. Like, yeah, part of what's happening is like a part of why things cost more is that they actually cost more. But also we've seen a lot of expansion of technology. the corporate profits that people cash in on, right? Which helped to explain why a lot of things cost more.
But I don't want to completely disagree with what you're saying earlier. Like, yeah, part of what's happening is like a part of why things cost more is that they actually cost more. But also we've seen a lot of expansion of technology. the corporate profits that people cash in on, right? Which helped to explain why a lot of things cost more.
But I don't want to completely disagree with what you're saying earlier. Like, yeah, part of what's happening is like a part of why things cost more is that they actually cost more. But also we've seen a lot of expansion of technology. the corporate profits that people cash in on, right? Which helped to explain why a lot of things cost more.
But to me, the answer to that is, okay, let's have a fairer tax system. How do we do that? That says, well, I mean, at risk of sounding simplistic, like you pass a law, like we can do this, right? It's not like profoundly mysterious.
But to me, the answer to that is, okay, let's have a fairer tax system. How do we do that? That says, well, I mean, at risk of sounding simplistic, like you pass a law, like we can do this, right? It's not like profoundly mysterious.
But to me, the answer to that is, okay, let's have a fairer tax system. How do we do that? That says, well, I mean, at risk of sounding simplistic, like you pass a law, like we can do this, right? It's not like profoundly mysterious.
It doesn't have to be like all the way at the level that it used to be.
It doesn't have to be like all the way at the level that it used to be.
It doesn't have to be like all the way at the level that it used to be.
Right. And what is that if you're just sitting on it? At a certain point, especially if you're past a certain point in how much you're sitting on, you've got to contribute a little bit. I mean, this is not a novel—property taxes are that way, right? Like, you don't wait—it depends on where you live, but usually you don't wait until you sell a home to have to pay property tax on every year.
Right. And what is that if you're just sitting on it? At a certain point, especially if you're past a certain point in how much you're sitting on, you've got to contribute a little bit. I mean, this is not a novel—property taxes are that way, right? Like, you don't wait—it depends on where you live, but usually you don't wait until you sell a home to have to pay property tax on every year.
Right. And what is that if you're just sitting on it? At a certain point, especially if you're past a certain point in how much you're sitting on, you've got to contribute a little bit. I mean, this is not a novel—property taxes are that way, right? Like, you don't wait—it depends on where you live, but usually you don't wait until you sell a home to have to pay property tax on every year.
Like, you contribute a little bit of the value of the real estate you're sitting on, and that goes to— You know, the county roads and the school and the sheriff's department or whatever else you count on, right? So there is a way to do that nationally. But property tax is going to close that gap? I don't think it's going to close that gap.
Like, you contribute a little bit of the value of the real estate you're sitting on, and that goes to— You know, the county roads and the school and the sheriff's department or whatever else you count on, right? So there is a way to do that nationally. But property tax is going to close that gap? I don't think it's going to close that gap.
Like, you contribute a little bit of the value of the real estate you're sitting on, and that goes to— You know, the county roads and the school and the sheriff's department or whatever else you count on, right? So there is a way to do that nationally. But property tax is going to close that gap? I don't think it's going to close that gap.
I mean, if you had all these – well, you have pieces of that. A lot.
I mean, if you had all these – well, you have pieces of that. A lot.
I mean, if you had all these – well, you have pieces of that. A lot.
A whole bunch of these corporations.
A whole bunch of these corporations.