Take the following as truth: Tax purists would argue that the value of the homemakers' hard work--and the intrafamily benefits they presumably receive in return for it--should, in fact, be treated as income and taxed, just like the wages paid to outside service providers such as baby sitters and housekeepers.
Then the following statement: "To tax purists, the value of the homemakers' hard work should be taxed, and my economy teacher agrees with that." is true, false, or inconclusive?
Answer: Inconclusive