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This paper invelves an examination of the labour supply effects of a stylised version of a 'Basic Income Flat Tax' (BI/FT) compared with a Means Tested Graduated Tax System (MT/GT). A highly simplified simulation model id developed in which individuals are homogeneous except for the wage they...
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This paper compares a stylized version of a basic income flat tax system (BI/FT) with a means tested graduated tax system (MT/GT), with particular attention paid to potential labor supply effects of taxes. A highly simplified simulation model is developed in which individuals are homogeneous...
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