TY  - JOUR
AU  - Moffitt,Robert A.
TI  - The Negative Income Tax and the Evolution of U.S. Welfare Policy
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9751
PY  - 2003
Y2  - June 2003
UR  - http://www.nber.org/papers/w9751
L1  - http://www.nber.org/papers/w9751.pdf
N1  - Author contact info:
Robert A. Moffitt
Department of Economics
Johns Hopkins University
3400 North Charles Street
Baltimore, MD  21218
Tel: 410/516-7611
Fax: 410/516-7600
E-Mail: moffitt@jhu.edu
AB  - The negative income tax proposed by Milton Friedman represents one of the fundamental ideas of modern welfare policy. However, the academic literature has raised two difficulties with it, one challenging its purported work incentives and the other suggesting the possible superiority of work requirements. In addition, work requirement approaches have gained ground in actual U.S. welfare policy over the last 30 years and the number of different programs has proliferated, another development counter to the negative income tax. On the other hand, the Earned Income Tax Credit has produced a negative-income-tax-like program on a vast scale.
ER  -