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Donald Woods
on Nov 16, 2024

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An advantage of a negative income tax is that it does not encourage the breakup of families because the only criterion for assistance is family income.

Negative Income Tax

A tax system that collects revenue from high-income households and gives subsidies to low-income households.

Family Income

The total amount of money earned by members of a family, typically measured annually.

  • Analyze various perspectives and proposals for income redistribution, including negative income taxes and the Earned Income Tax Credit.
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Wilfredy GarciaNov 16, 2024
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