yo) since Ho = Hh = H (we used the indices only for the origins). The tax thus is r (2 H +
yo - B - H) = r (H +
yo - B)
· Combined income thus is yo + yh = (y +
yh) + (2H +
yo) which consists of earned income, home production and spillover
yo) since Ho = Hh = H (we used the indices only for the origins). The tax thus is r (2 H +
yo - B - H) = r (H +
yo - B)
· Combined income thus is yo + yh = (y +
yh) + (2H +
yo) which consists of earned income, home production and spillover