Pointing out that primary residents get great breaks does not mean that landlords do not also get tax breaks. They just don’t get those. And of course you pay t

Pointing out that primary residents get great breaks does not mean that landlords do not also get tax breaks. They just don’t get those. And of course you pay tax on the income left over after expenses. About the direct revenue tax. Government can impose a tax on a producer or consumer, but that doesn’t matter. The proportion of who pays that tax is purely based on the elasticities of both the demand and supply curve. Because demand is inelastic, that tax probably is paid mostly by the consumer through rent prices. I don’t live in a place where there is a direct revenue tax on rental income. There are still breaks landlords get like the 20% pass-through deduction, 1031 exchanges, and interest rate deductions (similar to small business loans - which the government also wants to promote). Keep in mind that if some of these tax breaks apply to other types of businesses, they are still tax breaks for landlords incentivizing people to be landlords vs deciding not to enter the market. That is not a normative statement. I kept deductions for depreciation (which is huge), repairs, employee fees, etc out of the list since they are the expenses you mention.