negative income tax

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.

Negative Income Tax

A tax system or bracket in which persons with an adjusted gross income below a certain amount receive money from the government. This system intends to bring people out of poverty, or at least to make their situations less difficult.

negative income tax

a proposed TAX system aimed at linking the TAXATION and SOCIAL-SECURITY BENEFITS systems for low-income or no-income members of society. This is done by replacing the separate systems for collecting PROGRESSIVE TAXATION and for paying social security benefits by a single system that links the two together by establishing a common stipulated minimum income level, taxing those above it and giving tax credits to those below it.

Proponents of the negative income-tax system point to its advantages in assisting in the removal of the POVERTY TRAP and in making labour markets more flexible. See SUPPLY-SIDE ECONOMICS.

单词	negative income tax
释义	negative income tax neg′ative in′come tax` n. 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. [1965–70] negative income tax 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. Negative Income Tax A tax system or bracket in which persons with an adjusted gross income below a certain amount receive money from the government. This system intends to bring people out of poverty, or at least to make their situations less difficult. negative income tax a proposed TAX system aimed at linking the TAXATION and SOCIAL-SECURITY BENEFITS systems for low-income or no-income members of society. This is done by replacing the separate systems for collecting PROGRESSIVE TAXATION and for paying social security benefits by a single system that links the two together by establishing a common stipulated minimum income level, taxing those above it and giving tax credits to those below it. Proponents of the negative income-tax system point to its advantages in assisting in the removal of the POVERTY TRAP and in making labour markets more flexible. See SUPPLY-SIDE ECONOMICS. See NIT See NIT
随便看	kashing kashin-garnaev-gluskin kashin, nikolai i kashin, nikolai i. kashin optometric group kashira kashira gorodishche kashira state regional electric power plant kashirin, nikolai kashirin, nikolai dmitrievich kashiwa kashiwa, chiba kashiwa international relations association kashiwazaki kashiwazaki, niigata kashi wishwanath kashk kashkadaria kashkadaria oblast kashka-darya kashkai kashkarov, daniil kashkarov, daniil nikolaevich kashkin, ivan kashkin, ivan aleksandrovich

negative income tax

neg′ative in′come tax`

negative income tax

Negative income tax

Negative Income Tax

negative income tax