negative income tax Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “negative income tax” in the English Dictionary

"negative income tax" in Business English

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negative income taxnoun [C or U]

uk   us   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 from the Cambridge Business English Dictionary © Cambridge University Press)
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