Is a Standard Renters Tax Deduction Truly That Crazy?

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.

 

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