8 ms·
Wages are taxable income to workers but imputed wages are untaxed. That’s a regressive tax break for people who cook their own food and care for their own child
by kgwgk 1y ago
Wages are taxable income to workers but imputed wages are untaxed. That’s a regressive tax break for people who cook their own food and care for their own children.
- nothercastle 1y agolol but it’s true. The less productive stuff you do outside the formal economy the more value you get to keep. That’s why digital cash is so problematic
- yonran 1y agoThe difference is that you’re comparing labor income (making your own dinner) to rental income from land (imputed rent). Poor people tend to not own property, whereas poor people do tend to make their own meals, so I doubt your claim that taxing home meals would be equally progressive.