tag:blogger.com,1999:blog-1527840491496268397.post1846699385320997035..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Untaxed Forms of IncomeUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1527840491496268397.post-59769186684111566642014-02-25T18:28:52.083-07:002014-02-25T18:28:52.083-07:00Great comment.
When you consider the crippling p...Great comment. <br /><br />When you consider the crippling public school propaganda that children of two-income parents receive, it's clear that the stay-at-home families are coming out way ahead in the long run. CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-67418592522456502692014-02-25T18:13:59.237-07:002014-02-25T18:13:59.237-07:00One threat to GDP going forward is that a lot of t...One threat to GDP going forward is that a lot of two income households might prefer to live off of one income and avoid a lot of taxable transactions. In high tax states it's easy to imagine households where the post-tax income of the lower-earning spouse is essentially negated by additional costs (which are themselves exposed to taxes).<br /><br />In general it's quite striking how much social engineering is implemented through taxes with essentially no regard for how people will respond to them. Things like the preferential treatment of passive income to wages, or the mortgage interest deduction, create distortions that benefit a few, but ultimately reduce the ability of the economy to produce things people actually want.Anonymousnoreply@blogger.com