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Title: Alleviation from the Welfare State: Use Your Own Freedom With A Reconsideration of the Negative Income Tax

Citation Type: Journal Article

Publication Year: 2017

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Abstract: Using data from the Consumer Population Survey (CPS) for March 2013, this study examines the potential effects of a negative income tax on federal government welfare expenditure, household income, and certain variable parameters. The negative income tax is defined as money credited as allowances to a taxed income, and paid as a benefit when it exceeds debited tax. This study concludes that a negative income tax makes welfare more expensive to citizens, but should better society. These results shed some light on a non-conventional approach to addressing income distribution and achieving some socially desirable outcomes.

Url: http://m.www.na-businesspress.com/JABE/BarnesS_Web19_2_.pdf

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Authors: Barnes, Spencer

Periodical (Full): Journal of Applied Business and Economics

Issue: 2

Volume: 19

Pages: 14

Data Collections: IPUMS CPS

Topics: Other

Countries: United States