ILO Thesaurus

negative income tax

negative income tax
System of income maintenance whereby persons below a certain income level with family responsibilities are exonerated from income tax and receive financial aid through the tax system rather than as social insurance benefits or social assistance payments.

Related terms

Date of creation
26-Oct-2008
Accepted term
31-Dec-1969
Descendant terms
0
ARK
ark:/99152/t30gkl7jz4lx96
More specific terms
0
Alternative terms
0
Related terms
3
Notes
1
Metadata
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