>
>Actually, I do have one question: How is this "negative income tax" thing
>supposed to work? Wouldn't it simply depress wages, just like the repeal of
>the minimum wage that's supposed to go along with it?
The effect rather rather depends on the size on the size of the NIT, no? Milton Friedman, who advocated it, had a bunch of analyses in the early 70s, I don't recall how how they went.
jks
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