News for hackers. Stuff that matters.
Re:Why Were Victorian Elites So Effective? by Telemakhos on Thursday October 08, 2026 @06:51AM (#50004244)
This is the most European thing I’ve read all week. Income is inflow of money, while rent is an expense. The avoidance of expense should not be considered income for tax purposes: it would discourage frugality.
Re:Why Were Victorian Elites So Effective? by thaumasiotes on Thursday October 08, 2026 @03:29PM (#50010822)
If you applied that principle consistently, it would be much worse to tax income, since that discourages production.