Absolutely not! That’s a great big turd. Taking more of my spendable money so I can’t use it to buy a newer car, and giving it to someone who has so much spendable money to buy another home?
It’s the same 30k, why should I subsidize someone who doesn’t need a 5th home. Esp when my spendable income is shrinking.?
Why can’t I keep the 30 K I earned to spend how I see it?
Because you and I paying higher taxes is apparently good for the economy.