being a renter myself i searched for it as well. If its lower taxes then thats not just for renters.
I am curious, before this were you ever be able to take the standard deduction? We are home owners and always took the standard deduction because we couldn’t itemize, and our property tax wasn’t enough to qualify us.
If owners lose the tax deduction, I don’t see how this benefits renters. If landlords’ taxes go up (or deductions go down), they will pass that cost to the renters.
Am I missing something?