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One of your authors received the following message in an e-mail from a student: An individual who owns the house he lives in forgoes receiving
One of your authors received the following message in an e-mail from a student: An individual who owns the house he lives in forgoes receiving rent from a tenant. This foregone rent represents an opportunity cost to the homeowner and therefore should not be taxed based on the Haig-Simons definition of income. Evaluate this statement.
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