Question: One of your authors received the following message in an

One of your authors received the following message in an e mail from a student: “ An individual who owns the house he lives in forgoes receiving rent from a tenant. This forgone rent represents an opportunity cost to the homeowner and therefore should not be taxed based on the Haig Simons definition of income.” Evaluate this statement.



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  • CreatedMarch 25, 2015
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