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Guaranteed Income Plan Under Study
Washington AP report outlines the White House backing for a presidential commission to study guaranteed minimum incomes. Economists debate cost and welfare replacement potential, with Milton Friedman advocating a negative income tax model and a 4 person family break-even at $3,000.
MENTIONED IN THIS ARTICLE
Robert E. Geiger
Washington
White House
Congress
Johnson
Unicon
Milton Friedman
The
University of Chicago
Sen
Barry Goldwater
Friendman
Friedman