EPA. Proposed a guaranteed minimum income for all US citizens. I'm not a Nixon fan, but compared to what we have now he looks pretty good.
2007-03-19
13:52:20
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3 answers
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asked by
sal
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Politics & Government
➔ Politics
There's a big difference between a minimum wage and a minimum annual income.
2007-03-19
14:01:55 ·
update #1
Correction: Nixon proposed a "negative income tax" similar to the anemic earned income credit we have now. The idea of a guaranteed minimum income is that all adults would have a minimum income regardless of how much they worked. Any income derived from employment would supplement, not replace the minimum guaranteed. Brazil is gradually putting this idea into practice.
2007-03-19
15:33:17 ·
update #2