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Tim Worstall said...

"In theory the solution is to consolidate all forms of public (and ideally, private) assistance into a single, fairly large grant, which can then be taxed away via the income tax at a reasonably slow rate for people who don't need it."

As Charles Murray proposed in "In Our Hands". Or as we call it on my side of the pond, a citizen's basic income.

Feb 12, 2008, 2:48:00 PM

Posted to Marginal Taxes on the Poor