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I agree with you on the actual property half and the way it works. However don’t act like these are empty plots of land, these are motels and resorts, there needs to be extra there. Paying actually $Zero in taxes is very suspect. I’m keen to wager that if we checked out different actual property builders tax returns we wouldn’t see that. Would you say Casinos are in the actual property enterprise? Do you suppose the Hiltons pay no taxes? Additionally “Amazon” isn’t an individual and doesn’t have a person tax return. The tax codes are completely different for companies and people.
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