Taxes and feeling good
Via Mike, Bill Harbaugh of the University of Oregon takes the position that paying taxes feels good.
I disagree. I hate paying taxes.
But, as an economist, I recognize that Harbaugh and I have room for a deal.
I propose that Harbaugh give me $30,000 for a 100-word essay I will write him on taxes and feeling good that will look remarkably similar to this post. I promise to declare this money on my Schedule C, raising my tax burden about $9,000, give or take. I also promise to tithe $3,000 of this money to good charitable causes.
Harbaugh will feel good, because his economic transaction has resulted in more taxes being paid, as well as a donation to charity.
I will feel good, because Harbaugh will have effectively paid most of my taxes for me, relieving me of something I dislike.
We're both better off!
I look forward to hearing from Harbaugh so we can complete this mutually-beneficial deal.
I disagree. I hate paying taxes.
But, as an economist, I recognize that Harbaugh and I have room for a deal.
I propose that Harbaugh give me $30,000 for a 100-word essay I will write him on taxes and feeling good that will look remarkably similar to this post. I promise to declare this money on my Schedule C, raising my tax burden about $9,000, give or take. I also promise to tithe $3,000 of this money to good charitable causes.
Harbaugh will feel good, because his economic transaction has resulted in more taxes being paid, as well as a donation to charity.
I will feel good, because Harbaugh will have effectively paid most of my taxes for me, relieving me of something I dislike.
We're both better off!
I look forward to hearing from Harbaugh so we can complete this mutually-beneficial deal.