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Income tax comes out of capital gains... it’s crucial to creating paper trail and removing the principal agent problem in business.
by naveen99 6y ago
Income tax comes out of capital gains... it’s crucial to creating paper trail and removing the principal agent problem in business.
- grey-area 6y agoI’m not sure it is crucial; economists have become very good at creating post-hoc justifications for the leviathan they serve.
- naveen99 6y agoPrincipal agent problem is the only justification I have for supporting taxes and a central government. I haven’t really seen economists argue it...