The tax base under the personal income tax in the United States is the Haig-Simons definition of comprehensive income.

Question

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The U.S. personal income tax system does not fully adhere to the Haig-Simons definition, which includes all consumption and changes in net worth as income. The U.S. system has various exclusions, deductions, and credits that deviate from this comprehensive income concept.

The Tax Base Under the Personal Income Tax in the United