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Ford head backs negative income tax idea
Ford Motor Co president Arjay Miller joins researchers and public figures in advocating a negative income tax to aid the poor and replace parts of welfare. The plan would set a base below which federal money is paid, with higher incomes taxed away, aiming to boost incentives while addressing poverty and unemployment amid rising debate.
MENTIONED IN THIS ARTICLE
Ford
New York
Arjay Miller
Ford Motor Co
Milton Friedman
University of Chicago
Barry Goldwater
Johnson