negative tax

noun

a payment by the State to a person with a low income, the magnitude of the payment increasing as the income decreases. It is regarded as a form of social welfareAlso called: negative income tax

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Words That Can’t Exist Without Their Negative Prefixes Read more in this article about some frequently asked questions and fun facts related to our definitions.

Nearby words

negative reinforcement, negative resistance, negative scotoma, negative sign, negative stain, negative tax, negative theology, negative transfer, negative-raising, negative-strand virus, negatively

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012