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Article #2157

Re: Negative Income Tax, Garaunteed Annual Income,... etc

#2157
From: Quirk
Date: Mon, 16 Sep 1996 00:00
38 lines
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			<<  posted & mailed  >>


On 14 Sep 1996 17:33:27 GMT, Donald J. Lacombe wrote:

+  Quirk (dmytrik@lglobal.com) wrote:

+  You might try looking at statistics dealing with the Earned Income Tax 
+  Credit which I believe is a form of NIT.

Yes Negative Income tax is an "Earned Income Tax Credit" (I Believe
that's what Milton F. Called it when he first proposed it.

But ... I not sure what you mean by "THE" earned income tax credit, is
this part of the american tax system?

What I'm really interested in is situations were Negative Taxation is
used as an alternative to social welfare programs. I've hear Australia
is doing something like this. Anybody have any Info?

Thanks,



           +++

           Dmytri Kleiner -- Quirk
                                        "Gravity lets
           P.S.  Oh, Nevermind.           you down"

    << http://www.lglobal.com/~dmytrik >>

               ** Keep in mind that this transmission
                  just might be a malicious forgery.

           Copyright 1996 Idiosyntactix, Toronto.
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From: dmytrik@lglobal.com (Quirk)
Subject: Re: Negative Income Tax, Garaunteed Annual Income,... etc
Date: 1996/09/16
Message-ID: <323d823d.2954086@news>
X-Deja-AN: 180975649
references: <3239a8f3.11552155@news> <51eq97$7df@news.fsu.edu>
organization: Idiosyntactix Tactical Hyperbole (tm) Toronto.
reply-to: Dmytri Kleiner -- Quirk <dmytrik@lglobal.com>
newsgroups: sci.econ,alt.politics.economics,misc.taxes,can.taxes,talk.politics.theory