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Negative Income Tax
(redirected from Reverse taxation)

    Also found in: Wikipedia 0.06 sec.
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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