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Taxes don't change X. If landlords have to pay more taxes and try to raise prices they won't be able to rent the unit. If renters are forced to pay the tax they
by colinmhayes 6y ago
Taxes don't change X. If landlords have to pay more taxes and try to raise prices they won't be able to rent the unit. If renters are forced to pay the tax they'll leave unless rent is lowered. Either way the incidence is completely on the landlord.
- neilparikh 6y agoOh okay, we're in complete agreement then. My point is that the incidence of the council tax and property tax should be the same, whether it falls on the landlord or the tenant. My belief was that it would fall on the landlord in either case, but I simply stated that the incidence would stay the same, to make the weakest claim necessary.