Extreme poverty and human rights on universal basic income 2017, para. 32
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Negative income taxes, inspired by the work of Milton Friedman, ensure that individuals who earn below a certain threshold receive payments from the government, rather than having to pay taxes. It is similar to basic income in that every citizen is automatically and unconditionally eligible, but it differs from the full basic income in that benefits phase out as incomes rise. Amounts may also be adjusted for households.
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Non-negotiated soft law
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Special Rapporteur on extreme poverty and human rights