来自《耶鲁大学开放课程：金融市场 第12集 第12集》

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  made DPPs much less valuable to investors,
  使得DPP对投资者不再那么有价值
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  and so a lot of wealthy people switched from DPPs to REITs.
  所以很多富人从DPP转向REITs
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  Before 1986, the tax law
  在1986年之前
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  allowed use of DPPs as a tax loss device.
  税法允许DPP作为一种避税工具
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  People would invest in buildings solely for tax purposes
  人们可以仅仅为了避税而投资一幢大楼
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  because you could write off the depreciation on the building,
  因为你可以对大楼计提折旧
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  so people were cynically setting up DPPs as tax shelters only.
  所以讽刺的是DPP仅被当做了避税工具
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  Congress said, finally--I think wisely--in 1986,
  最终 国会在1986年明智地提出
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  that we don't want to create rules that
  我们不想制定法规
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  encourage people to do a different sort of business
  鼓励人们仅仅为了避税
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  just to evade taxes.
  而尝试不同的赚钱方式
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  So, they made a--they said that losses that
  因此 国会在1986年