How does this prevent the welfare trap, where working more has a lesser impact on revenue as welfare goes down? This seems to have the exact same issues as the current system.
That's a legend; the name was used in England before the mythical Mr. French existed in the US!(also French Toast was invented at least before the 6th Century)
How does this prevent the welfare trap, where working more has a lesser impact on revenue as welfare goes down? This seems to have the exact same issues as the current system.