guar|an|teed annual income

guar|an|teed annual income
guar|an|teed annual income «GAR uhn TEED»,
an annual compensation provided by the government to those citizens whose incomes fall below a specified level; negative income tax: »

The unemployed in the United States have begun to demand not just the right to work but a guaranteed annual income whether they work or not (Lewis Mumford).

Useful english dictionary. 2012.

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