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negative income tax

The correct spelling is negative income tax.

How to pronounce negative income tax

noun

Say it like: Neg-ati-ve -inc-ome- ta-x

The correct spelling is negative income tax. 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.

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Definition

noun

  1. 1.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.

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