From a twitter post someone passed on to me (I don’t follow “Twitter”):
@pablodPablo Defendini
LOL self-pub is the new piracy! “@DigiBookWorld: Heard at#dbw12: Self publishing costs publishers $100 million in opportunity”
Imputed income is the accession to wealth that can be attributed, or imputed, to a person when he avoids paying for services by providing the services to himself, or when he avoids paying rent for durable goods by owning the durable goods, as in imputed rent.Most countries, such as the United States, tax imputed income only in certain situations, such as the calculation of domestic partner employee benefits. Imputed income is sometimes difficult to measure, and doing so can have political consequences: for taxpayers, not taxing imputed income creates a tax benefit in favor of owning over renting, and in favor of self-service over hiring; for the economy, not taxing imputed income directs economic activity away from activities associated with extreme and severe division of labor.
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