Name: Free To Choose 1980 - From Cradle to Grave - Negative Income Tax
Uploaded: 2019-08-10T19:32:09.000Z
Duration: 2 min 10 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

What are their rights under a negative income tax?

And are we, by building in a negative income tax,

in fact subsidizing the illegitimacy that

FRIEDMAN: The major reason it is not feasible today

to have a negative income tax is because the

present welfare bureaucracy would be out of work.

They are the major objectors and as Senator Pat

- he's now a senator, Pat Moynihan demonstrated

So that I don't believe these administrative problems,

if you got it enacted, would be at all serious.

O'BANNON: I think the other assumption under

of understanding about how to spend money.

And I, as an economist, would say, yes, we do.

We - everybody from age four to a hundred

of people who are not going to be able to.

O'BANNON: They would be spending my money!

FRIEDMAN: They would be spending my money,

Right now, the welfare worker is spending

The same thing is true in the education area.

They're saying: “Would families be able to

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Free To Choose 1980 - From Cradle to Grave - Negative Income Tax

present

demonstrate

arbitrary

negative