SG Hard Truth: Hard Truths to Keep Singapore Going, July 24, 2012
This article argues that negative income tax is a bold alternative that fits Singapore better than other policies. Erik Stern writes, the negative income tax, “lets the labour market determine the wage that matches the skill set. It allows the government to decide what the base wage should be, for each level of employee or type of job, not only the minimum level.” The writer is president of Stern Stewart & Co, a business consultancy
This article was originally posted on Business Times Premium at:
https://www.businesstimes.com.sg/premium/editorial-opinion/opinion/growing-need-fairness-and-respect
It was reposted and is currently online at:
https://sghardtruth.com/2012/07/25/growing-need-for-fairness-and-respect-negative-income-tax-is-better-than-welfare-or-workfare-for-the-unemployed/
