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submitted 2 years ago by MicroWave@lemmy.world to c/news@lemmy.world

The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other criminals to hide ill-gotten gains.

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[-] dogslayeggs@lemmy.world 133 points 2 years ago

How about they just make it illegal for corporations to own houses?

[-] 2d@kbin.social 47 points 2 years ago

Ding ding ding!

But think of the corporations! How will they continue to bleed the people dry with rent and artificially expensive homes??

[-] Danc4498@lemmy.ml 8 points 2 years ago

Corporations are people too!

[-] Burn_The_Right@lemmy.world 1 points 2 years ago

We're gonna need a bigger jail.

[-] mufasio@lemmygrad.ml 2 points 2 years ago

Just tax any home other than your primary residence at 100% of the assessed fair market value per year. Hell, make it 100000%. This includes apartments, condos, townhomes, mobile homes. It would solve a lot of problems real quick. Some “real estate moguls” might have to find a real job for once in their life but it will be good for them. I hear they like to hustle.

[-] Burn_The_Right@lemmy.world 1 points 2 years ago

Conservatives would never, ever let that happen. Conservatives help billionaires specifically because it hurts normal people.

[-] rafadavidc@ttrpg.network 49 points 2 years ago

The Treasury Department will soon PROPOSE a rule.....

Bets on whether it goes through?

[-] sramder@lemmy.world 16 points 2 years ago

We’re going to need a few loopholes first.

[-] CrabAndBroom@lemmy.ml 10 points 2 years ago

Sure hope this doesn't end up morphing into a law that fails its core objective and end up fucking over poor people somehow!

[-] girlfreddy@mastodon.social 8 points 2 years ago
[-] HR_Pufnstuf@lemmy.world 30 points 2 years ago

15 years too late.

[-] Mystech@lemmy.world 16 points 2 years ago

Uh-oh, looks like someone is going to have to buy Clarence Thomas another RV to get out of this one!

[-] Hello_there@kbin.social 16 points 2 years ago

Another blow to Trump - they just keep coming.
Anyone remember when a bunch of Russians bought up a bunch of trump real estate?

[-] UFODivebomb@programming.dev 7 points 2 years ago

Always amazed how blatant this is and yet the GOP only screams for Hunter Biden dick pics.

[-] purahna@lemmygrad.ml 11 points 2 years ago* (last edited 2 years ago)

No more corrupt oligarchs, just straightlaced god fearing American oligarchs like ~~Blackrock~~ Blackstone and State Street 🥰

[-] crusa187@lemmy.ml -1 points 2 years ago
[-] purahna@lemmygrad.ml 2 points 2 years ago

u right thank you, editing my comment

[-] sigh@lemmy.world 2 points 2 years ago

can we do Canada next please

[-] Declared0978@lemmy.world 1 points 2 years ago
this post was submitted on 10 Aug 2023
440 points (99.5% liked)

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