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>Any residential property you own that is not your primary dwelling needs to be highly taxed. An excellent way to drive up rents into the stratosphere, both by
by kspacewalk2 6y ago
>Any residential property you own that is not your primary dwelling needs to be highly taxed.
An excellent way to drive up rents into the stratosphere, both by reducing the rental stock and by having the landlords pass the tax right on to the renter (remember, landlords don't run charities and will adjust rents accordingly). So all you're doing with that high tax is giving even more of a subsidy to homeowners at the expense of renters. Regressive taxation in all but name.
- hhjinks 6y agoThere are a million ways to tax rentals that make it impossible for landlords to pass the bill onto the renter.
- kspacewalk2 6y agoNone that actually work though, is the problem.