Meaning Of The Word Negative income tax

Real Dictionary

What's the definition of Negative income tax? Find Negative income tax meanings, definitions and more at the Real Dictionary online.

Negative income tax Meaning

Negative income tax Definition
Negative income tax Definition

What's The Definition Of Negative income tax?

negative income tax in British English
a proposed system of subsidy payments by the government to those whose annual income is below a certain level
noun: 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
noun: money credited as an allowance to taxed income, and paid as a benefit when it is greater than debited tax

More Definitions

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Definitions Of The Day

  • Uncongeniality ‐ noun: the condition of being…
  • Kanpur ‐ city in N India, on the Ganges, in Uttar Pradesh:…
  • Preliterary ‐ adjective: occurring before the existence of…
  • Hearth rug ‐ countable noun: A hearth rug is a rug which is…
  • Toyo ‐ noun: a Japanese strawlike material made out of…
  • Nondense ‐ adjective: having a closure that contains no open…
  • Kick-start ‐ to start (a motor, motorcycle, etc.) by means…
  • Maxim gun ‐ noun: an early single-barreled, water-cooled machine…
  • Manward ‐ adjective: directed toward humankind; adjective:…
  • Apomictic ‐ adjective: produced by, or relating…