this post was submitted on 08 Nov 2024
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electoralism
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These dumbasses that point at $25k housing assistance and the small business thing as "social policies" are so fucking out of touch.
Tax credits arent a great way to administer social problems, although the child tax credit is somewhat good and should be expanded in the absence of other social programs.
But a tax credit for buying a house is useless. It would have driven up housing prices, with most benefit to developers and realtors, marginal benefit for people that will buy a house and get the credit (im in this category btw, as a likely first rime home buyer in the next 4 years). And it will hurt the working class who are overwhelmingly renters and would be hurt by the rising housing prices. Not to mention the likelihood of being blocked by courts the same way bidens loan forgiveness was (which i wouldve benefitted from to the tune of $20k as I received a Pell grant).
And the small business thing is like....so obviously dumb. Just a small scale trickle down idea i guess? It wouldnt really help anyone except marginal help to people who wanted to start a business and maybe creation of some new low wage jobs.