Tuesday, June 4, 2019

Hiding profit is easy in the housing industry

About thirty minutes into the meeting, Rep. Alexandria Ocasio-Cortez was introduced to speak about the issue. She opened with a big picture statement about her idea for a housing guarantee. “What are we doing to make sure that housing is being legislated as a human right. What does that mean,” she said. She continued, “What it means is that our access and our ability and our guarantee to having a home comes before someone else’s privilege to earn a profit.”
AOC will be successful in reducing tax income from rental units.  She needs to talk to Trump, a real estate guy very good at showing no net income from real estate.

That means there is less income for her other human rights, like pensions and medical care.

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