In a message dated 12/5/02 12:56:04 AM, [EMAIL PROTECTED] writes: << --- [EMAIL PROTECTED] wrote: "'Actually it would be interesting to hear someone delinate a clear distinction between taxation on money and taxation in kind.'...I'm inclined to think there is no clear distinction,which is why I asked the original author of the comment (js I believe) to provide one."
I don't think it was me, I think it was in response to something I wrote. Aren't payments in kind worth less than payments in cash, when the value is a significant portion of one's income, because they impose the consumption decision (for lack of a better term) on the individual? I thought I remember learning how that was modeled, but it was a while ago. If that is true, then maybe taxes in kind may be analogous? Just a guess. >> Well I think it depends on the person and the time you're asking. Right now while I'm being paid and under the stress of impending finals and final papers, if some attractive woman voluntarily offered me payment in kind :) I'd accept that over the equivalent in cash (which I understand in the DC area can come to hundreds of dollars per hour). If you ask me in the summer when I'm not stressed from classes (though I suspect I'll be stressed from studying for prelims) and I have less money to spend, I'll probably prefer the cash. David
