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Exhibit 12-9 Negative Income Tax

Question 56

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Exhibit 12-9 Negative Income Tax
Exhibit 12-9 Negative Income Tax ​ As shown in Exhibit 12-9, a family of four with an income of $20,000 receives ____ from the government: A) zero payment B) the break-even income of $20,000 C) a $10,000 payment D) a $10,000 tax deferment
​
As shown in Exhibit 12-9, a family of four with an income of $20,000 receives ____ from the government:


A) zero payment
B) the break-even income of $20,000
C) a $10,000 payment
D) a $10,000 tax deferment

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