4 ms·
> any and every landlord immediately pays taxes based on the asking rent, no matter what rent it is. To work to decrease or cap rents this would have to be a d
by anonymouskimmer 4y ago
> any and every landlord immediately pays taxes based on the asking rent, no matter what rent it is.
To work to decrease or cap rents this would have to be a dramatically increasing progressive tax. It would have to be a complicated progressive tax to work with both small, less desirable residences and mansions.
- notyourday 4y agoNo, because if they happened to own a small place they won't be able to rent it for a wishing price as there's a price pressure from above thus anyone with a smaller place will pay smaller taxes.