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Meaning of negative income tax | Babel Free

Noun CEFR C1

Definitions

A progressive income tax system in which people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

negative indexing negative interest negative logic negative lookahead negative lookaround negative lookbehind

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