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The Negative Income Tax Had Not Gained Political Acceptability Because

Question 78

Multiple Choice

The negative income tax had not gained political acceptability because:


A) the politicians favor transfer of dollars rather than in-kind benefits.
B) it increases the opportunity cost of leisure.
C) the break-even income level is high.
D) it raises the labor cost borne by the producers.
E) it redistributes income from the poor to the rich.

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