Bring on the AI truck drivers. Fuck these guys.
(Same goes for dockworkers)
@acreed.bsky.social
264 Followers
645 Following
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I know what I am talking about
en.m.wikipedia.org/wiki/Imputed...
Imputed rent - Wikipedia
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I do agree the straight-line depreciation schedules are bs. But the solution to that is a switch to a cash-flow tax like a DBCFT (ie full expensing - except for land (this is related to generating a back-door land-value-tax)) at the business level and a progressive consumption tax for individuals
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I know what I am talking about
en.m.wikipedia.org/wiki/Imputed...
Imputed rent - Wikipedia
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Me whispering: turns out private equity rentals increase class and racial diversity in neighborhoods
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Dude, as a homeowner you rent to yourself. You are both tenant and landlord. Do you pay taxes on the rental income you pay yourself? No you don’t. I know; I own a home. en.m.wikipedia.org/wiki/Imputed...
Imputed rent - Wikipedia
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Yes, really. You do not get taxed on the equivalent rental income you would receive on the house you live in if you instead rented it out. It’s called imputed rent or owners-equivalent rent and it’s calculated and part of the CPI and PCE.
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No you are not. I own a home - I do not pay tax on the income I earn from owning my home, whereas if I rented my house out I would get taxed on that income.
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USA. Homeowners don’t get taxed on their rental income for their primary residence (or vacation homes, fwiw).
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Imputed rent is realized income. It’s the income used to consume shelter.