Examlex
Compared with middle-SES white parents,low-SES black parents are more likely to ask their children
Negative Income Tax
A system where individuals earning below a certain amount receive supplemental pay from the government instead of paying taxes.
Tax Liability
The total amount of taxes an individual or organization owes to the tax authorities.
Income Subsidy
Financial assistance programs provided by governments or institutions to individuals or groups to help supplement their income, typically aimed at the needy or to promote certain economic activities.
After-Tax Income
The amount of net income left after all federal, state, and withholding taxes have been deducted from an individual's earnings.
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