Steve Randy Waldman
@interfluidity.com

94% would be better. no, it’s not “optimal” in the sense if the revenue-maximizing rate. people subject to those rates won’t realize the income. but that’s the point. they don’t realize the income. we have to then ensure the places it is left are leaky and contestable.

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Steve Randy Waldman
@interfluidity.com

( a bit on how to tax the loans www.interfluidity.com/v2/9028.html )

interfluidity » A loan is income plus basis

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