Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “negative income tax”

negative income tax

noun [C or U]     TAX, ECONOMICS
a system in which people with incomes below a particular amount receive money from the government instead of paying tax
(Definition of negative income tax noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of negative income tax

Word of the Day


the art and knowledge involved in preparing and eating good food

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More