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Would removing the lost-rent tax-deduction from commercial property help the economy?


Just an idea I had. There are so many vacant business offices, stores, etc that I pass every day that I begain to wonder: If the benefit of lost-rent tax deduction was removed, then wouldn't landlords be more likely to lower their rental rates to more reasonable levels thereby allowing more businesses to startup and help stimulate the economy?

I think you have a reasonable debate here. In economics there are a million factors to look at in this situation and I'm no economist and can't bring forth these. Nonetheless, your idea makes sense to me.

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