LogFAQs > #881005595

Someone makes 50k a year and is positioned to move out of rent and into their first home. That's a great vehicle for building wealth.

But here comes Balrog, who wants to help those people have a better life! He wants to help reduce the burden of home ownership, because we need to help the lower and middle class, right?

So he vilifies tax deductions, most notably mortgage and property tax deductions. You know, those very things that can help that family to reasonably afford the property they're looking to buy.

So now they have to pay more in property taxes and more in general, and suddenly it's not looking as they can afford it anymore. But it's okay, Balrog got rid of the tax deductions for the rich and privileged who can continue to own their shit anyway!

Tell me at which point in this example I'm misunderstanding your position.