Detailed text transcripts for TV channel - MSNBC - 20140306:04:56:00
Complicated. people talk about a universal basic income, give people money it makes them less poor. >> one example, women with infant children, wic, food stamps. >> they're both programs to give food to people who are poor. >> you can imagine a situation in which you give a larger benefit to women with infant children. >> yeah. there's a problem when you combine the programs together and phase them out, you do have working poor who face effective tax rates close to 100%. >> i could take this job, it's going to pay me more but i'm going to qualify out of some program that's currently helping me...
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