3 ms·

Landlords get their own subsidies. All maintenance and improvements are tax deductions. Plus they get to depreciate the property.

• WalterBright 10y ago
  Suppose a business buys goods at $80 and sells them for $100. You're suggesting that his profit is $100 and he should be taxed on $100 income?
  • majormajor 10y ago
    That's how sales tax generally works, no? (Which suggests that the cost gets passed along and so it is a hit to the renter.)
    • bzbarsky 10y ago
      > That's how sales tax generally works, no? Yes, which is why a VAT is much saner than a sales tax.