[babesh]

Time for the international buyers to buy housing en masse, rent it out, and not pay your income tax. The renters would be stuck paying the income tax and the international buyers would just pay the parcel tax. So renters would be stuck paying for rent and an additional income tax for renting. Hahahahaha.

[twblalock]

That's fine, they will pay the parcel tax and their tenants will pay income tax.

It seems wrong to me to make someone pay tax where they do not live. It's not like the owners of rental homes are the people who use the city services -- the people who live in the homes do, and they should pay for them.

[babesh]

Way to screw over renters with an additional tax. That sure sounds regressive to me. The owners are generally much richer than the renters.