Dr. Pechman argues that Professor Bittker misunderstands the implications of the Haig-Simons definition of income. The accretion concept is meant to define income, and is not designed to determine the time interval, the proper unit of taxation, or the personal deductions that might be allowed for tax purposes. Professor Bittker has devoted most of his discussion to these elements and as a result most of his criticisms are irrelevant to an assessment of the worth of the concept.
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Duncan K. Foley (1978) studied this question.