4 ms·
The way I see it: EITC < NIT (Negative Income Tax) < UBI EITC is what we got, it's means tested and has a work requirement. Take away the work requirement and
by chillacy 7y ago
The way I see it: EITC < NIT (Negative Income Tax) < UBI
EITC is what we got, it's means tested and has a work requirement. Take away the work requirement and we'd have a NIT like the one proposed by milton friedman in the 70s. And take away the means testing and we're at UBI.