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Yes. I DIY tons of stuff, instead of working more hours in my core competency, because the economics of hiring it out are all screwed up. Sometimes it’s ludicr
by Scoundreller 3y ago
Yes. I DIY tons of stuff, instead of working more hours in my core competency, because the economics of hiring it out are all screwed up.
Sometimes it’s ludicrous, why the hell am I, a desk jockey, doing a brake job?
Why is it more cost effective to build a retaining wall myself, with basic tools, rather than working extra hours and paying someone that does it as a career? (Btw, that retaining wall is going to last 100years).
Income tax is a form of overhead. Not just changing the economics of “saving a dollar is like making 2 dollars”, but ups the price of things.
A corporation, mainly paying taxes on its profits, not all revenue, would never have this magnitude of dilemma between outsourcing vs in-house.
This is why I prefer shifts towards taxing destruction (like carbon taxes, stranded capital) instead of taxing production.