Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 6 months agoForty-four of 50 US states worsen inequality with ‘upside-down’ taxeswww.theguardian.comexternal-linkmessage-square41fedilinkarrow-up1454arrow-down15
arrow-up1449arrow-down1external-linkForty-four of 50 US states worsen inequality with ‘upside-down’ taxeswww.theguardian.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 6 months agomessage-square41fedilink
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down1·6 months agoThe state doesn’t rely on office building taxes
minus-squareTigrisMorte@kbin.socialcakelinkfedilinkarrow-up1·6 months agoNo, they rely upon taxing the landlords rent. Are you really this dense?
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1arrow-down1·6 months agoWhat? The vast majority of state income is from income taxes.
minus-squareTigrisMorte@kbin.socialcakelinkfedilinkarrow-up1·6 months agoAnd the landlord’s rent is what?
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1·6 months agoDepends on what the landlord is. Could be stock dividends, could all go towards more investment.
minus-squareTigrisMorte@kbin.socialcakelinkfedilinkarrow-up1·6 months agoI’m sorry, I didn’t realize I needed to list every single landlords profit and loss statement to point out that landlords make income via rent. Your fail is not as clever as you think you are.
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1·6 months agoWhat? The cause of the shortage is well known and its not from landlords making less money lol
minus-squareTigrisMorte@kbin.socialcakelinkfedilinkarrow-up1·6 months agoIncorrect. Office space has a about 30% occupancy rate and that is eating up budgets because the Taxes are only collected on occupancy since only profits are Taxable.
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up1·6 months agoThis shortage is a state shortage. I think you are getting city/local tax shortages mixed up with state shortage.
The state doesn’t rely on office building taxes
No, they rely upon taxing the landlords rent. Are you really this dense?
What? The vast majority of state income is from income taxes.
And the landlord’s rent is what?
Depends on what the landlord is. Could be stock dividends, could all go towards more investment.
I’m sorry, I didn’t realize I needed to list every single landlords profit and loss statement to point out that landlords make income via rent.
Your fail is not as clever as you think you are.
What? The cause of the shortage is well known and its not from landlords making less money lol
Incorrect. Office space has a about 30% occupancy rate and that is eating up budgets because the Taxes are only collected on occupancy since only profits are Taxable.
This shortage is a state shortage. I think you are getting city/local tax shortages mixed up with state shortage.