Negative income taxes have been a feature of our tax system since President Lyndon Johnson's "war on poverty" in the 1960s.

Question

Quizplus · Accepted Answer

Negative income taxes have been proposed and discussed as a way to support low-income individuals, but they have not been a feature of the U.S. tax system since President Lyndon Johnson's era. Instead, programs like the Earned Income Tax Credit (EITC) serve a similar purpose by providing a refundable tax credit to low- to moderate-income working individuals and families.

Negative Income Taxes Have Been a Feature of Our Tax