If I owned one of those stores it would be closed and boarded up. I don’t understand thinking of those business owners.
Shrinkage losses are tax deductible. I suspect that explains a lot.
We need to do away with that deduction.
After the rapping duck got killed on Oak Street last week, rumor was that many store owners on the Gold Coast were talking of breaking their leases, and damn the consequences. This morning (and especially after hearing from their insurance providers), I suspect that’s becoming a done deal.