[Josh Martin]
This post seeks to equate the Negative Income Tax (NIT) and the Basic Income (BI). Bowman’s main point is that both policies effectively withdraw the benefits as earned income rises, but it is withdrawn at the front end in the NIT and at the back end in the BI through a modified tax system.
Sam Bowman, “The Negative Income Tax and Basic Income are pretty much the same thing”, Adam Smith Institute, 23 May 2014.
