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For an NIT, suppose the marginal tax rate is 20 percent and the income guarantee is $10,000. Policymakers decide to increase the income guarantee and
For an NIT, suppose the marginal tax rate is 20 percent and the income guarantee is $10,000. Policymakers decide to increase the income guarantee and reduce the work disincentives. To maintain the program cost at the current level... 0 is impossible O increase the frequency of payments 0 they must raise the marginal tax rate 0 they must lower breakeven income
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