Because incentives matter: "Welfare pays more than minimum wage in 35 states"
The disincentives to work are troubling (Reason), that's what makes the idea of the negative income tax so attractive:
The disincentives to work are troubling (Reason), that's what makes the idea of the negative income tax so attractive:
Posted by Clement Wan at 5:07 PM
Labels: development, regulatory
blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
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