ASI Negative Income Tax Report features on the Huffington Post

The ASI has featured in the Huffington Post for our support of a Negative Income Tax.

Costly benefit payments could be replaced by the introduction of the Negative Income Tax (NIT). The government should replace most means-tested welfare payments with a single NIT. This would guarantee a minimum income for citizens whilst incentivising work. It is also estimated by the Adam Smith Institute, that it could save the government up to £6bn in administrative costs.

Read the full article here.