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Conference Board makes pitch for guaranteed annual income
Wednesday, December 21st, 2011
Dec 20, 2011
… a guaranteed annual income would provide a minimum level of income for every individual or family, with dollars earned above that level taxed at a relatively low marginal rate… “It would be a means of providing material income support without governments telling people how to run their lives… it could help reduce the disincentives to working and break down the “welfare wall” on earned income for the working poor as it could be taxed at lower marginal rates… if a GAI reduced the prevalence of poverty, it could create better health outcomes and help slow the rising costs of publicly-funded health care
Tags: budget, featured, ideology, poverty, standard of living
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