I don't have a logic problem, mr. lawyer. You have a contortion problem. You invented a syllogism that I never said. Maybe it was the "therefore" that threw you off. Is it your position that the use of "therefore" always concludes a syllogism?LPC wrote:A capital investment is not deductible. Personal living expenses are not deductible. Therefore, all personal living expenses are capital investments?natty wrote:LPC wrote: Please explain what COSTS went into her emotional well-being and her vocational reputation. I would like to hear an example of *ONE* cost that should be considered a capital investment and not a personal living expense.
First of all, 'a capital investment' is composed of after tax dollars. 'A personal living expense', since it is not deductible from gross income and has nothing to do with the production of the gross income itself, is paid out of capital (after tax dollars). Therefore, all personal living expenses go into building one's human capital.
I had a math teacher in high school who repeatedly insisted that all human beings are bipeds, and birds are bipeds, so therefore all birds are human beings. He was joking; you seem to be serious. I would therefore suggest that you revisit high school logic, because you are in need of a refresher course.
If you want a syllogism, it is this: All after tax dollars become capital. Personal living expenses are paid with after tax dollars. Therefore, personal living expenses are paid with capital.
You had implied by your question that personal living expenses were not capital investments. My proposition is that all personal living expenses over and above food necessary for subsistence is a capital expenditure forming "human capital".