Asked by
Patrisha Ivy Balagso
on Nov 16, 2024
Verified
Temporary Assistance for Needy Families (TANF) is an example of a negative income tax program.
Temporary Assistance
A form of financial aid provided by government agencies to individuals and families in need for a limited period.
Needy Families
Refers to households with insufficient income or resources to maintain an adequate standard of living without external assistance.
- Investigate different perspectives and potential strategies for income redistribution, encompassing negative income taxes and the Earned Income Tax Credit.
Verified Answer
SB
Learning Objectives
- Investigate different perspectives and potential strategies for income redistribution, encompassing negative income taxes and the Earned Income Tax Credit.