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    Jamey Sharp (jamey@toot.cat)'s status on Friday, 02-Jun-2023 09:14:14 JSTJamey SharpJamey Sharp
    in reply to
    • Angle
    • starbreaker

    @starbreaker @Angle According to that Wikipedia article, Friedman wrote that the NIT proposal "has been greeted with considerable (though far from unanimous) enthusiasm on the left and with considerable (though again far from unanimous) hostility on the right. Yet, in my opinion, the negative income tax is more compatible with the philosophy and aims of the proponents of limited government and maximum individual freedom than with the philosophy and aims of the proponents of the welfare state and greater government control of the economy." So… yes, I think you could describe it that way.

    That doesn't necessarily mean it's a bad idea. If we're only considering options which preserve the basic structure of capitalism, then I think it would reduce the harm of that structure, somewhat, depending on the exact parameters chosen. Of course, I think we should be considering other options…

    In conversationFriday, 02-Jun-2023 09:14:14 JST from toot.catpermalink
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