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NIT
(redirected from Negative income tax)

   Also found in: Financial, Wikipedia 0.04 sec.
AcronymDefinition
NITNúmero de Identificación Tributaria (Colombian business tax number)
NITNotice Inviting Tender
NITNational Institute of Technology
NITNational Invitation Tournament
NITNetwork Information Table
NITNorthern Institute of Technology (Hamburg-Harburg, Germany)
NITNegative Income Tax
NITNational Investment Trust (Pakistan)
NITNetwork Interface Tap
NITNot In Time
NITNew in Town
NITNorfolk International Terminals
NITNear Infrared Transmission
NITNortel Institute for Telecommunications
NITNot in Therapy
NITNot Invited Tournament
NITNon Instructional Time
NITNon International Traveler
NITNear-Identity Transformation
NITNetwork Integration Test
NITNational Intelligence Test
NITNorthwest Iowa Transportation, Inc.
NITNotifications for International Travel
NITNahzati Islomi Tojikiston (Islamic Renaissance of Tajikistan)


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? References in periodicals archive
Coming at the problem of poverty from a conservative point of view, Friedman was a lifelong champion of a negative income tax.
While the phase-in range provides a work incentive, the maximum and phase-out ranges have work disincentives for some families (Horowitz, 2002; see Moffitt (2003) for a history of the negative income tax in U.
A family of four does not pay income taxes until it makes about $28,000, provided it applies for the earned income tax credit, a form of negative income tax that has done more than any other government program in recent years to lift people out of poverty and to encourage work.
 
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