If a negative income tax system were implemented, then the poor would have no incentive to find work.

Question

Quizplus · Accepted Answer

A negative income tax system is designed to provide a safety net for those with low or no income. It provides financial assistance to meet basic needs and encourages people to work. In fact, it includes a work incentive by reducing the amount of assistance as income increases. Therefore, the statement is false.

If a Negative Income Tax System Were Implemented, Then the Poor