Examlex
One can use a(n) _____ even if he or she doesn't understand why it works.
Negative Income Tax
A proposed system of social security that guarantees a minimum income to all, where those earning below a certain amount receive supplemental pay from the government instead of paying taxes.
Income Subsidy
An income subsidy is a government-provided financial assistance program intended to boost an individual's income to a level sufficient for meeting basic living standards.
Negative Income Tax
A program where the government provides additional income to those who earn under a specific threshold, rather than collecting taxes from them.
Tax Liability
Tax liability is the total amount of tax that an individual or organization is legally obligated to pay to a taxing authority based on earnings, property ownership, or other taxable conditions.
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