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Milton Friedman - The Negative Income Tax

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In this 1968 interview, Milton Friedman explained the negative income tax, a proposal that at minimum would save taxpayers the 72 percent of our current welfare budget spent on administration. http://www.LibertyPen.com Source: Firing Line with William F Buckley Jr.Buy It : http://www.amazon.com/Firing-Line-Wil...

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economics government action income tax welfare entitlements indigent unemployed poverty money bureaucracy assets rent food handout rich poor exemption rate subsidy family guaranteed level incentive program AFDC relief dole administration politics work equality discrimination law skill disorganized motivation payments deductions wages earnings direct landlords free market ingenuity waste freedom monitor nanny spying charity management job
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