Which of the following formulas is most representative of a negative income tax proposal?

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A negative income tax proposal typically involves providing a minimum income guarantee through a system of tax credits or cash transfers. Option B is the only formula that incorporates a negative income tax, as the taxes owed decrease as income decreases, until reaching a minimum of $25. Options A, C, and D all involve a proportional tax rate or a fixed amount added to the tax owed, which do not align with the principles of a negative income tax proposal.

Which of the Following Formulas Is Most Representative of a Negative