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<blockquote data-quote="wjschmaltz" data-source="post: 357214" data-attributes="member: 6150">To be fair, I don't think he said that. He said renters are paying for property tax, which is true. That's the left vs. right augment on corporate taxes. The left thinks you can magically raise taxes and the company pays it and is fine with having lower profits. The right understands the tax will be passed down to us. As a company's inputs go up, so do their prices. Real Estate is not exempt. And we all know that across the board as inputs go down, prices will not follow. I'm under no illusion that the cost of my groceries will go down when or if fuel/inflation goes back down. Trump gave (or said to have given) corporate tax cuts.&nbsp; Anyone notice prices being lowered to reflect that? I sure didn't. And such is their right.I look at buying rental real estate often.&nbsp; When I'm calculating what the potential profits will be, I calculate in taxes as well.&nbsp; It would be foolish not to. If the landlords mill rate goes up and the number no longer work, rent simply has to follow.</blockquote>

[QUOTE="wjschmaltz, post: 357214, member: 6150"] To be fair, I don't think he said that. He said renters are paying for property tax, which is true. That's the left vs. right augment on corporate taxes. The left thinks you can magically raise taxes and the company pays it and is fine with having lower profits. The right understands the tax will be passed down to us. As a company's inputs go up, so do their prices. Real Estate is not exempt. And we all know that across the board as inputs go down, prices will not follow. I'm under no illusion that the cost of my groceries will go down when or if fuel/inflation goes back down. Trump gave (or said to have given) corporate tax cuts. Anyone notice prices being lowered to reflect that? I sure didn't. And such is their right. I look at buying rental real estate often. When I'm calculating what the potential profits will be, I calculate in taxes as well. It would be foolish not to. If the landlords mill rate goes up and the number no longer work, rent simply has to follow. [/QUOTE]

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