Scenario 20-7 Suppose the Government Implemented a Negative Income Tax and Used

Scenario 20-7
Suppose the government implemented a negative income tax and used the following formula to compute a family's tax liability:
Taxes owed = (1/6 of income) - $24,000
-Refer to Scenario 20-7. This negative income tax would guarantee what minimum level of income to every family?

A) $24,000
B) $50,000
C) $144,000
D) $150,000