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A comment on CA to Pay Off All Past Due Rent Accrued During Covid, Giving Renters Clean Slate.

Re:CA to Pay Off All Past Due Rent Accrued During Covid, Giv... by Afforess on Tuesday June 22, 2021 @12:31AM (#27588008)
Good! Given that the mortgage interest rate deduction exists, and it handsomely benefits wealthy homeowners, it's nice to see impoverished renters win for once.

We should do more Jubilees.

[ Parent | on HN ]
Re:CA to Pay Off All Past Due Rent Accrued During Covid, Giv... by iJohnDoe on Tuesday June 22, 2021 @09:13AM (#27591167)
Don’t fool yourself. It’s not “handsomely”. There is a cap. It also usually doesn’t even come close to offsetting property taxes.

Go buy a house. Then I’m guessing you won’t take the deduction on your taxes because you’re thinking of the impoverished renters, right?

[ Parent | on HN ]