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To: RKBA Democrat
"E.g. You can change your own oil (and save $25) or work two hours and earn $50 less $20 dollars in taxes, netting $30. I’d argue that if it takes 20 minutes to change you oil and you don’t mind doing it, you’re money ahead by staying home. Unfortunately some income is a necessity."

The logic is situational.

I remember buying new tires during the Carter years (that I wouldn't have normally bought) because inflation was 25% and I reckoned that I was better off with the tires than the money.

14 posted on 01/09/2014 5:17:07 PM PST by MV=PY (The Magic Question: Who's paying for it?)
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To: MV=PY

You bet the logic is situational. To expand the analogy further, if you’re completely inept at changing oil or really hate it, its probably smarter to earn the money, pay the taxes, and pay someone to change it for you.

Or you might instead trade a friend 3 jars of honey and have no cash change hands. And you’ve added value. Not all value involves the use of money.


15 posted on 01/09/2014 5:29:45 PM PST by RKBA Democrat (Having some small say in who gets to hold the whip doesn't make you any less a slave.)
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