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I BELIEVE GOVERNMENT SHOULD HELP PEOPLE WITH THEIR BASIC NEEDS.  NO STARVING PEOPLE SHOULD BE LEFT ON THE STREETS OF AMERICA.  I ALSO KNOW PROGRAMS LIKE FOOD STAMPS OR MEDICARE ARE INEFFICIENT.

BACK IN THE 60’S, CONSERVATIVE ECONOMIST MILTON FRIEDMAN PROPOSED THE IDEA OF A “NEGATIVE INCOME TAX”.  FRIEDMAN’S IDEA WAS TO GET RID OF ALL ENTITLEMENT PROGRAMS AND REPLACE THEM WITH AN ANNUAL CASH PAYMENT, REASONING IT WAS CHEAPER TO GIVE MONEY TO THE POOR THAN TO HIRE ARMIES OF BUREAUCRATS TO RUN GOVERNMENT PROGRAMS.

HERE’S SOMETHING YOU DIDN’T KNOW.  ENTITLEMENTS TODAY ACCOUNT FOR 50% OF THE FEDERAL BUDGET AND BY 2049, ENTITLEMENTS WILL ACCOUNT FOR EVERY DOLLAR IN THE BUDGET.  A NEGATIVE INCOME TAX WOULD ELIMINATE SOCIAL WELFARE PROGRAMS AND GET RID OF THE BUREAUCRACY THAT COMES WITH IT.

THE NEGATIVE INCOME TAX WOULD END THE RUNAWAY SPENDING HAPPENING WITH ENTITLEMENT PROGRAMS.

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