2 ms·
Better the billionaires leave and the city adapts(like building housing on their abandoned property) if you ask me
by undersuit 1y ago
Better the billionaires leave and the city adapts(like building housing on their abandoned property) if you ask me
- AnimalMuppet 1y agoWhy would their property be abandoned? It won't be abandoned in any legal sense; it will either be sold, retained, or seized.
- undersuit 1y agoSelling it would mean you pay taxes. Retaining it you pay taxes. It's probably not going to be seized if you don't abandon it, it's not like it's a low income neighborhood in the way of a highway.
- AnimalMuppet 1y agoBillionaires didn't get to be billionaires by abandoning $10 million properties to avoid $1 million in taxes.
- undersuit 1y agoThen the additional taxes shouldn't be an issue.