The Basic Idea Behind a Negative Income Tax Is to

question 138

Multiple Choice

The basic idea behind a negative income tax is to

• A)help local government agencies deliver more services to the poor.
• B)increase the in-kind income of the poor.
• C)help the poor get job skills.
• D)help the poor without destroying incentives to work.

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Definitions:

Service-intensive Business

A type of enterprise that primarily offers services rather than goods, requiring a high level of customer interaction and support.

Startups

Newly established businesses, typically in the technology sector, focused on a unique product or service.

Existing Businesses

Companies or enterprises that have been operational for a period of time and are not newly established.

Franchises

Business models where individuals can buy the rights to open and operate a location of a larger company.