12. If in the negative income tax proposal the guaranteed income floor is 89.000 and the tax rate is 25%. what is the welfare payment when the family earns 320.000? a. 524,000. b. $6.750. c. $2.250. d. $4.000 e. $9.00
12. If in the negative income tax proposal the guaranteed income floor is 89.000 and the
tax rate is 25%. what is the welfare payment when the family earns 320.000?
a. 524,000.
b. $6.750.
c. $2.250.
d. $4.000
e. $9.00