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I think the issue for me boils down to dressing yourself up to cater to an audience or to do it for yourself. What I wear does influence how I feel and how others feel about me, so the issue is finding a balance between the two. I tend to lean towards wearing what I feel like wearing, which is business casual. In general I also prefer the suit-but-no-tie. I think that's because I don't feel important or confident enough in most circumstances for a tie.