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Kelly Capatosto
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A negative income tax that eliminates poverty, with a maximum benefit of $12,500 that phases out by $50,000 for single-adult households and $70,000 for two-adult households, is estimated to cost $839 billion per year.
sources
Guaranteed Income for the 21st Century
reports
Basic Income
tags
Poverty
Negative Income Tax (NIT)
Implementation
Policy Design Details
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