- negative income tax
- noun Date: 1966 a system of federal subsidy payments to families with incomes below a stipulated level
New Collegiate Dictionary. 2001.
negative income tax
Look at other dictionaries:
negative income tax — ☆ negative income tax n. a proposed system of subsidy payments by the government to those whose annual income is below a certain level … English World dictionary
Negative income tax — Part of a series on Government Public finance … Wikipedia
negative income tax — A proposal to assist taxpayer with below subsistence level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level. Bloomberg Financial Dictionary * * * negative income tax negative income … Financial and business terms
negative income tax — NIT A means of targeting social security benefits to those most in need using the income tax system. After submitting an income tax return showing an income level below a set minimum, an individual would receive a direct subsidy from the tax… … Accounting dictionary
negative income tax — NIT A means of targeting social security benefits to those most in need using the income tax system. After submitting an income tax return showing an income level below a set minimum, an individual would receive a direct subsidy from the tax… … Big dictionary of business and management
Negative Income Tax — A taxation system where income subsidies are given to persons or families that are below the poverty line. The government will send financial aid to a person who files an income tax return reporting an income below a certain level … Investment dictionary
negative income tax — neg′ative in′come tax n. ecn bus a system of income subsidy through which persons having less than a certain annual income receive money from the government rather than pay taxes to it • Etymology: 1965–70 … From formal English to slang
negative (income) tax — state payment to the poor The proposition seems to have been first expounded by Milton Friedman under the title negative tax. An object would be to eliminate the present cumbersome methods of individual assessment and distribution of money… … How not to say what you mean: A dictionary of euphemisms
negative income tax — a system of income subsidy through which persons having less than a certain annual income receive money from the government rather than pay taxes to it. * * * … Universalium
negative income tax — payment made by a country to a citizen in order to provide him with the minimum income … English contemporary dictionary
