Re:The Employment Effects of a Guaranteed Income: Evidence f...
by legitster on Monday July 22, 2024 @12:31PM
(#41036317)
Oof. Those are pretty terrible results.
I'd still like to see Milton Friedman's idea of a negative income tax tested some day. It would not have any of the downsides - it's not universal so you don't give out money to people who are already well-employed, and it increases as you make more (to a certain point) so it incentivizes working.
I'd still like to see Milton Friedman's idea of a negative income tax tested some day. It would not have any of the downsides - it's not universal so you don't give out money to people who are already well-employed, and it increases as you make more (to a certain point) so it incentivizes working.