Musk Refuses to Pay Rent for Twitter building due to City Conditions
(www.breitbart.com)
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This is actually a fascinating strategy. Locating your HQ in cities that desperately need to hold onto businesses while refusing rent until they improve.
I genuinely don't know how this will turn out, although he has some balls on him to try this. One of the more aggressive ways to fuck with a Dem city I have seen so far.
I'm a bit perplexed by this. Shouldn't the statement be made by not paying local taxes? Unless the landlord is also affiliated with the cities/states, it seems to me like they would be screwing an unaffiliated third party.
Property taxes are assessed to the owner of the structure and land, not to the tenant(s) of the structure. By refusing to pay rent, Elon is denying his landlord the means to pay property taxes on the structure.