Renters are not the ones being taxed, it's the landlords who actually own the property and are taxed. Do you think renters would want a tax deduction? That would mean they would pay more then the deduction, for something that they gain no value except for a structure over their head, that also increases their monthly costs for that structure.
If renters desire a real property deduction, then they must become property owners. Just as they get a deduction for the car they own when it comes to real property taxation.
Fortunately I am exempt from property taxes per Louisiana law that limits the value of a property subject to taxation. Which is exactly why I chose the property that I chose.
“Renters are not the ones being taxed, it’s the landlords who actually own the property and are taxed.”
When I graduated in 1979, apartments went for about $350/month in Northern Virginia and somewhat over $400/month in the NYC and Boston suburbs where I would have lived.
The difference was mainly due to property taxes.
A Chinese company make take a Chinese tax deduction for workers pay.
An American importing company may take a deduction for what it paid the Chinese company.
Wal-Mart may take a deduction for what it paid the American importing company.
Renters may think they aren’t paying property tax, but they are and they will.
Taxes levied on businesses get passed on to their customers, as just about everyone here knows well.