That’s why you set it exponentially based on units owned by parent company, maybe break it down as a tax paid by shareholders for huge corporations landlords.
They could try to pass it on to consumers, but smaller landlords wouldn’t have to pay it.
That’s why you set it exponentially based on units owned by parent company, maybe break it down as a tax paid by shareholders for huge corporations landlords.
That might not have been clear.
Set it at the parent company level so it’s not easy.
If they have X amount invested in rental real estate, that can just be taxed then
Believe me, the tax code for the wealthy is already complicated, they can handle this
That’s why you set it exponentially based on units owned by parent company, maybe break it down as a tax paid by shareholders for huge corporations landlords.
They could try to pass it on to consumers, but smaller landlords wouldn’t have to pay it.
Making the biggest get out of the game first
They will just split the units owned on more companies then.
That might not have been clear.
Set it at the parent company level so it’s not easy.
If they have X amount invested in rental real estate, that can just be taxed then
Believe me, the tax code for the wealthy is already complicated, they can handle this