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From: rob@dadla.UUCP (Rob Vetter)
Newsgroups: net.misc
Subject: Re: Welfare
Message-ID: <1059@dadla.UUCP>
Date: Thu, 18-Sep-86 16:21:54 EDT
Article-I.D.: dadla.1059
Posted: Thu Sep 18 16:21:54 1986
Date-Received: Sun, 28-Sep-86 00:25:12 EDT
References: <1011@cad.cs.cmu.edu>
Reply-To: rob@dadla.UUCP (Rob Vetter)
Organization: Tektronix, Inc., Beaverton, OR.
Lines: 36
Keywords: welfare, poor people, economics

In article <1011@cad.cs.cmu.edu> spe@cad.cs.cmu.edu (Sean Engelson) writes:
>An extremely good method of revamping the welfare system is the system of
>inverse taxation.  ...  For example, if
>we make our income tax formula the following:
>
>	(INCOME - $10,000)
>	------------------ ,
>	       3
>
>someone making $9,000 would receive $500, for a total of $9,500, someone
>making $5,000 would get a total of $7,500.

	So I'm confused, It looks like $9000 ==> $9333 and $5000 ==> $6666
	by this formula.  Perhaps you meant to divide by 2 ?

>					     This example assumes that the
>minimum subsistence level is $5,000.  This is good because the people
>receiving money have incentive to work, as if they work they WILL make more
>money than not.  Also, it simplifies things a whole lot by integrating the 2
>big governmental money-moving institutions, taxes and welfare.  All in all a
>rather elegant solution to a messy problem.

	A method like this has alot of merit, but think of all the people
	in the IRS and the various social service organizations that would be
	put out of work. :-)

	Now all you need is a plan to integrate the BIGGEST money-moving
	institution - the military.
-- 

Rob Vetter
(503) 629-1044
[ihnp4, ucbvax, decvax, uw-beaver]!tektronix!dadla!rob

"Waste is a terrible thing to mind" - NRC
  (Well, they COULD have said it)