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Negative Income Tax

What Does It Mean?
What Does Negative Income Tax Mean?
A taxation system where income subsidies are given to persons or families that are below the poverty line.
Investopedia Says
Investopedia explains Negative Income Tax
The government will send financial aid to a person who files an income tax return reporting an income below a certain level.
Related Links
  • IRS.gov - The source of all things tax related in the United States
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