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by ffgjgf1 929 days ago
> aka revenue that is weird and modern day serfdom.

Not really, though. Businesses have inherent incentives to minimize their costs. Individuals don’t, in fact it’s closer to being the opposite.

So the “revenue” tax approach is perfectly rational and reasonable (relatively to taxing personal “net income”)

> businesses are applied to profits not revenue

Yes, if your rental business was a separate entity it would make perfect sense. Subtracting your business costs from personal income isn’t quite that though