Is a Standard Renters Tax Deduction Truly That Crazy?
Jack Schlossberg has proposed a standard renters tax deduction in his campaign for Congress in NY-12. This proposal is particularly relevant given that 69% of New Yorkers are renters. While the idea may seem unconventional, it aligns with the needs of many constituents in Midtown Manhattan.
- ▪Jack Schlossberg is the son of Caroline Kennedy and a candidate for Congress in NY-12.
- ▪69% of New Yorkers are renters, making the proposal timely and relevant.
- ▪The standard renters tax deduction is considered an unconventional idea.
Opening excerpt (first ~120 words) tap to expand
Jack Schlossberg, son of Caroline Kennedy and a candidate for my new Congressional district, NY-12, has made a striking tax policy proposal: a standard renters deduction. With 69% of New Yorkers renting their homes, the idea is fitting for a candidate campaigning in the heart of Midtown Manhattan — even if it sounds unconventional at first blush. Read Full Article »
Excerpt limited to ~120 words for fair-use compliance. The full article is at RealClear Markets.
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