Problem
Both transfer programs and taxes affect incentives. Consider a program designed to help the poor that promises each aid recipient a minimum income of $10,000. That is, if the recipient earns less than $10,000, the program supplements his income by enough to bring him up to $10,000. Explain why this program would adversely affect incentives for low-wage recipients.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.