Imputed Production

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Seeking At Cost Goods and Services finally under 'our' full control:


Imputed Production is an Organizational Form where we mix the the Imputed Incomes of #1 and #2 to get #3:


1.) Avoid paying Wages when you do the Work yourself.

2.) Avoid paying Economic Rent when renting Physical Sources when you have sufficient ownership in those Physical Sources*

3.) Avoid paying Profit for Consumable Goods when you have sufficient ownership in those Physical Sources* used to Produce those Goods.


(*) This only occurs during perfect 'sufficiency'. Any Scheduling conflict might trigger an auction, and then bidding will drive Price Above Cost.


Most countries, such as the United States, only tax imputed income in certain situations, such as the calculation of domestic partner employee benefits. It is sometimes difficult to measure, and there can be political consequences to doing so. From the perspective of taxpayers, this creates a tax benefit in favor of owning over renting, and in favor of self-service over hiring. From the perspective of the economy, this distorts economic activity away from activities that are associated with the division of labor. -- http://Wikipedia.org/wiki/Imputed_income