In 1972, George McGovern advocated something similar - a $1,000 "demogrant" for every US citizen. ❋ Unknown (2008)
1972, George McGovern advocated something similar - a $1,000 "demogrant" for every US citizen. ❋ Unknown (2008)
The demogrant program was simple: the federal government would write a check for $1,000 to every American. ❋ Unknown (2009)
To make the Purple Tax Plan's consumption tax truly progressive, the plan includes a monthly payment demogrant was George McGovern's term, which ensures that those living at or below the poverty line pay no tax, on net, on their consumption.
To make the Purple Tax Plan's consumption tax truly progressive, the plan includes a monthly payment demogrant, which ensures that those living at or below the poverty line pay no tax, on net, on their consumption. ❋ Laurence J. Kotlikoff (2012)
If you're a Democrat, a sales tax, apart from the demogrant, probably sounds highly regressive. ❋ Unknown (2011)
In their place it substitutes a highly progressive 17.5% federal retail sales tax plus a demogrant -- a monthly payment to each household, large enough that it reimburses the poor for the sales tax they've paid. ❋ Unknown (2011)
Eugene McCarthy advocated something like the demogrant proposal (although I don't think he included a flat tax, but I may be wrong). ❋ Unknown (2009)
Neither a negative income tax via Friedman or a flat tax / demogrant have been tried. ❋ Unknown (2009)
Politics by Principal, Not Interest, that even if you progressive-ize the demogrant structure to a significant degree the economy still comes out way ahead. ❋ Unknown (2009)
The other side of this proposal is James Buchanan's "generality principle" whereby you couple the flat tax with a constant-amount demogrant. ❋ Unknown (2009)
That's why Buchanan suggested allowing states to determine their own formula for the flat tax / demogrant idea (which he calls the generality principle). ❋ Unknown (2009)
In 1972, that idea was so widely ridiculed as over-the-top pandering, as well as economically pointless-even Hubert Humphrey savaged it-that McGovern quietly abandoned the idea. unveiled her own demogrant proposal: every newborn American baby will get a birthday present from the federal government in the form of a $5,000 check. ❋ Unknown (2009)
McGovern ran on a far-left platform that included a proposal that at the time was deemed risible-the "demogrant." ❋ Unknown (2009)
James Buchanan, who is also not a socialist, has proposed a flat income tax coupled with a demogrant, which could be redistributive depending on the income tax rate and the size of the demogrant. ❋ Unknown (2009)
"negative income tax", or "demogrant" while his book clearly states in its first pages that the concept of justice it is concerned with is not some general social justice but rather economic justice in the structure of rewards for active contribution to society's production. ❋ Unknown (2007)
