A Model Negative Income Tax Statute

James G. Speth, Jr., Richard Cotton, Joseph C. Bell, and Howard V. Mindus were student editors of the Yale Law Journal (1969). Their proposals incorporated suggestions by Professors Edward Sparer and Boris I. Bittker of the Yale Law School and Professors James Tobin and Peter Mieszkowski of the Yale Economics Department. The model statute presented was originally intended to follow closely the plan presented by James Tobin, James A. Pechman, and Peter Miezkowski in “Is a Negative Income Tax Practical?” Yale Law Journal, Vol. 77, No. 1 (November 1967), but has diverged substantially from those earlier proposals. The plan is a major antipoverty effort in the form of a negative income tax.