So with your rent you pay income taxes for the richest…
This is the reason in italy a lot of people oppose the transfer of taxation from income to property. If i gain a lot of money i will pay more taxes, but if i have a bad moment , i will be able to not sell my house or pay a rent. And my capital in real estate will be not slashed by taxes/expenses.
So with your rent you pay income taxes for the richest…
This is the reason in italy a lot of people oppose the transfer of taxation from income to property. If i gain a lot of money i will pay more taxes, but if i have a bad moment , i will be able to not sell my house or pay a rent. And my capital in real estate will be not slashed by taxes/expenses.