You need to consider your marginal “duping”. If the same amount of duping would have taken place had you not been in the industry than your duping imposes zero social costs.
$100K+ jobs also create the enormous positive externality of generating lots of tax revenue.
Er… I agree with you about needing to consider one’s marginal “duping”, vs. the duping that would be done by one’s substitute.
But, by the same token, surely you also need to consider one’s marginal impact on tax revenue, vs. the impact of the person who would otherwise have one’s job.
Yeah, well, if you’re donating $100,000 a year to charity, the marginal impact will be (what the average worker contributes to charity - $100,000) * (the tax rate) since charitable contributions are tax deductible.
You need to consider your marginal “duping”. If the same amount of duping would have taken place had you not been in the industry than your duping imposes zero social costs.
$100K+ jobs also create the enormous positive externality of generating lots of tax revenue.
Er… I agree with you about needing to consider one’s marginal “duping”, vs. the duping that would be done by one’s substitute.
But, by the same token, surely you also need to consider one’s marginal impact on tax revenue, vs. the impact of the person who would otherwise have one’s job.
I agree.
Yeah, well, if you’re donating $100,000 a year to charity, the marginal impact will be (what the average worker contributes to charity - $100,000) * (the tax rate) since charitable contributions are tax deductible.