Dictionary

negative income tax

noun

Definition of NEGATIVE INCOME TAX

:  a system of federal subsidy payments to families with incomes below a stipulated level
ADVERTISEMENT

First Known Use of NEGATIVE INCOME TAX

1966

Browse

Next Word in the Dictionary: negative logarithmPrevious Word in the Dictionary: negative glowAll Words Near: negative income tax
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears