Tax cuts are gifts for the wealthy. Starting with the premise that they are logical is extremely dubious. Older buildings may be deemed worth less on average p

Tax cuts are gifts for the wealthy. Starting with the premise that they are logical is extremely dubious. Older buildings may be deemed worth less on average partially because not all are well maintained and many may trivially hide expensive problems due in part to defects in workmanship and in part due to defective or absent maintenance. People will pay a premium not to deal with anyone else's problems or even a chance of same.