Negative Income Tax

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Negative income tax

A proposal to assist taxpayer with below-subsistence-level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level.

Negative Income Tax

A tax system or bracket in which persons with an adjusted gross income below a certain amount receive money from the government. This system intends to bring people out of poverty, or at least to make their situations less difficult.

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No references found			As described in the book, "the impetus to do something real" about the problem came from Economists Milton Friedman and George Stigler who, in the mid 1940s, wrote a paper that proposed a guaranteed annual income (GAI) and a negative income tax (NIT). The rise and fall of guaranteed income policy by Hertwig, Ralf / Monthly Labor Review In 1962 the libertarian economist Milton Friedman proposed a negative income tax, under which welfare bureaucracies would disappear and the government would simply send checks to people under a certain income level. Bonds for babies: democrats discover the ownership society by Weigel, David / Reason The high profile response was the National Child Benefit System, a negative income tax * paid by Ottawa targeting low-income families with children. Reducing poverty: what has worked, and what should come next by Richards, John / C.D. Howe Institute Commentary			NE Near Money Nearby Nearby Futures Contract Nearby Month Nearest Month Necessary Necessities of Life Neckline NECTAs Negative Acknowledgment negative amortization Negative Amortization Cap Negative Amortizing Mortgage Negative Authorization Negative Balance Negative Carry negative cash flow Negative Convexity Negative Covenant Negative Duration negative easement Negative Equity negative equity loans Negative Goodwill Negative Income Tax Negative Interest Rate negative leverage Negative Net Worth Negative NPV tie-in project Negative Obligation negative or positive leverage Negative Pledge Negative Pledge Clause Negative Points Negative Volume Index Negative working capital Negative Yield Curve Neglected Firm Effect Neglected-Firm Effect negligence negligent fraud Negligent Trustee negligent waste Negociable Negociacao coletiva Negociacion colectiva Negociacion ficticia Negociacion fuera de la bolsa Negociacion suspendida Negociaciones en base a informacion confidencial			Negative feedback control system Negative feedback control system Negative feedback control system Negative feedback loop Negative feedback loop Negative feedback loop Negative feedback loop Negative flag Negative Flight Path Angle negative for intraepithelial lesion and malignancy negative friction Negative Furnished Negative FX negative g Negative Gastro Oesophageal Reflux Disease negative gene control negative glow Negative Glucocorticoid Response Element Negative Goodwill Negative gravity Negative gravity Negative Group Delay Negative Group Velocity negative hallucination negative hallucination negative identification negative identity Negative Impact negative impedance Negative impedance converter Negative Income Tax Negative Income Taxes negative indication Negative Inflation Negative Inflation Negative Inflation Negative Inflation Negative Inflation negative inotrope Negative Inspiratory Force Negative Inspiratory Intrathoracic Pressure Negative Inspiratory Pressure Negative integer Negative integer Negative integer Negative integer Negative Interest Rate Negative Interest Rate Program Negative Interest Rates negative interference Negative ion Negative ion Negative ion Negative Ion Chemical Ionization Negative Ion Chemical Ionization Mass Spectrometry Negative Ion Chemical Ionization Mass Spectroscopy Negative Ion Plasma Negative ions Negative ions Negative ions negative landform

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