3 ms·
When we work more and spend money to outsource household stuff, that increases GDP and allows the government to tax more of the economic output. If you do your
by andruby 9y ago
When we work more and spend money to outsource household stuff, that increases GDP and allows the government to tax more of the economic output.
If you do your own household work, that's not counted in the GDP and is non-taxable. I guess that's why some countries have been subsidising day care, etc.
- ajdlinux 9y agoIntuitively, I'd expect that a day care provider has a higher ratio of children to staff than families have of children to primary caregivers, and that the difference is such that subsidising day care can increase GDP just by freeing up more parents to work
- blowski 9y agoA relevant observation (not my own): > If I marry my housekeeper, national GDP goes down
- tonyedgecombe 9y agoBut personal well-being goes up.