“The major disadvantage of the proposed negative income tax is its political implications. It establishes a system under which taxes are imposed on some to pay subsidies to others. And presumably, these others have a vote.”

Source: (1962), Ch. 12 The Alleviation of Poverty, 2002 edition, p. 194

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Milton Friedman 158
American economist, statistician, and writer 1912–2006

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