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Definition of Negative income tax
1. Noun. a progressive income tax system in which people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government. ¹
¹ Source: wiktionary.com
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1. Noun. a progressive income tax system in which people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government. ¹
¹ Source: wiktionary.com