One big difference between basic income and negative income tax is who receives them. Basic income is given to everyone, and negative income tax is only given to those below a threshold amount -- creating two classes of people: givers and receivers, us and them.<p>The negative income tax experiment in New Jersey showed that the negative income tax created a disincentive to work, and increased family breakups. [0]<p>Negative income tax, by virtue of being tied to the tax system, operates on a year-based system and pays retroactively. Regardless of whether the year&#x27;s overall income would qualify for negative income tax, the individual still needs to self-fund any time off. A negative income tax does nothing to help those who are temporarily out of work, or who only want a few months off to help with childcare, learn a new skill, or address an illness.<p>[0] <a href="http:&#x2F;&#x2F;www.econlib.org&#x2F;library&#x2F;Enc1&#x2F;NegativeIncomeTax.html" rel="nofollow">http:&#x2F;&#x2F;www.econlib.org&#x2F;library&#x2F;Enc1&#x2F;NegativeIncomeTax.html</a>