Examlex
When Microsoft relocates its customer call centre to India, it is using offshoring.
Negative Income Tax
A welfare system within which individuals earning below a certain amount receive supplemental pay from the government instead of paying taxes.
Income Distribution
Income distribution is the way in which total income is shared among the population of a country or region.
Progressive Tax Rates
A tax system where the tax rate increases as the taxable amount or income increases, imposing a higher percentage rate on higher income earners.
Welfare Programs
Governmental provisions designed to improve individuals' quality of life, often targeted at the needy.
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