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That’s a great point! I don’t think I’ve seen it raised before.
Yeah, it’s harder to explain the economic importance of what amounts to forgone leisure.
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That’s a great point! I don’t think I’ve seen it raised before.
Yeah, it’s harder to explain the economic importance of what amounts to forgone leisure.
Good point. But then that makes the deadweight loss of taxation even harder to explain.
(Not meaning the DWL isn't there, more in the sense that it's hard to explain to people where DWL comes from).