Sorry you're not capable of owning up to it.
If you don't pay taxes, what happens to the rates of those who do?
Get back to me after your extensive study on that topic.
Rents lower, taxes higher dumbkoff.
“Rents lower, taxes higher dumbkoff. “
Aw Doughty,you are better than that.
.
Nobody is making the claim you are pretending to refute, ergo: strawman. Look it up, dumbkopf.
And take a basic economics class while you are at it, dumbkopf. You're stuck on your one point that you think is so profound that everyone needs to bow down to you in honor of your brilliance, when it is simple and obvious and not relevant to the point.
Have you ever been a landlord? I have. If costs go up, prices have to go up. Just like any other business. Taxes on properties affect rental rates. If you raise the taxes on the properties directly or indirectly (by eliminating deductions) rental prices will increase, dumbkopf. Basic, first year economics. If you are trying to say that a landlord charging a lower rent due to his ability to deduct mortgage interest will result in somebody somewhere paying higher taxes, nobody is disputing that. My only point is that mortgage interest deductions affect rental rates. If nobody gets to deduct it, rental rates go up across the board.
Of course, the basic point underlying the original issue is that if people don't get to deduct state and local taxes from their federal income, people in the high tax states won't be "cheating" the rest of us. That I agree with - level the playing field so the socialists in CA and NY and IL and the rest can't live it up at the expense of the rest of the country or bribe their way into power.