Dr Gary Payinda's Substack

Dr Gary Payinda's Substack

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Dr Gary Payinda's Substack
Dr Gary Payinda's Substack
On Land "lords", wealth taxes, and tax policies that increase poverty.
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On Land "lords", wealth taxes, and tax policies that increase poverty.

Tax-privileged Wealth Hoarding, the fastest route to riches?

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Dr Gary Payinda
Sep 13, 2024
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Dr Gary Payinda's Substack
Dr Gary Payinda's Substack
On Land "lords", wealth taxes, and tax policies that increase poverty.
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I think I've addressed this before.

But my view is fundamentally about how we support worthwhile or socially valuable things.

In this case, Landlords versus Services for the public.

Landlords can now deduct the cost of their mortgage interest. Saving them millions (excuse me, 2.9 Billion) in a way that a regular homeowner certainly cannot.

That 2.9 billion…

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