this post was submitted on 03 Dec 2023
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Obviously, everyone just prefers to give their landlord 2/3 of their after tax salary. /s
Ooh, I feel like rent payments should be pretax or tax deductible and it would help a ton of people out.
Someone tell me why that would be a bad idea, I'm genuinely curious.
Rents will go up by whatever amount the average renter's budget increases and that lost tax revenue goes straight into the pockets of landlords.