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The Concept of a Negative Income Tax (NIT) in Which

Question 16

Multiple Choice

The concept of a negative income tax (NIT) in which low income families would be guaranteed a minimum annual income failed because


A) conservatives were more interested in workfare for the poor
B) liberals wanted a the minimum income set at the average middle-class level
C) Congress felt that it would be grossly unfair to hardworking families
D) economists argued that it would lead to higher inflation

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