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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (162389)3/28/2006 5:01:55 PM
From: D. Long  Read Replies (1) | Respond to of 793975
 
I am going to research the similar Nixon plan which is rattling around in my brain

It was Milton Friedman's negative income tax plan. Would work great, if it were ever possible for Congress to 1. get rid of all other existing welfare provisions, 2. never create another welfare provision, 3. set the rate so it was high enough for subsistence but low enough to encourage work.

You can imagine why it failed.

Derek