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Businesses get to deduct property taxes because they're earning income from the property. Individual owner-occupiers of property aren't earning any taxable inc
by cperciva 9y ago
Businesses get to deduct property taxes because they're earning income from the property. Individual owner-occupiers of property aren't earning any taxable income from the property.
Yes, individuals should get to deduct their property taxes... but only after they start paying income tax on imputed dividends.