Economic Effects of Intersectoral Income Transfers

Andrew A. Duymovic and Raymond O. P. Farrish

Journal of Agricultural and Applied Economics, 1972, vol. 4, issue 1, 59-65

Abstract: As dissatisfaction with existing welfare programs has become more widespread, increased attention has been given to various income transfer plans that would gurantee all U. S. citizens a minimum annual income. One alternative which is being given serious consideration is the negative income tax (NIT). The negative income tax has been proposed in various forms, most notably President Nixon's family assistance plan.

Date: 1972
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