Shared Flashcard Set

Details

Chapter 18
Government in America 14th Edition
19
Other
12th Grade
03/04/2012

Additional Other Flashcards

 


 

Cards

Term
Earned income Tax Credit
Definition
A "negative income tax" that provides income to very poor individuals in lieu of charging them federal income taxes.
Term
Entitlement Programs
Definition
Government benefits that certain qualified individuals are entitled by law to receive, regardless of need.
Term
Feminization of poverty
Definition
The increasing concentration of poverty among women, especially unmarried women and their children.
Term
Immigration
Definition
The movement of people to another country with the intention of remaining there.
Term
Income distribution
Definition
The share of national income earned by various groups in the United States.
Term
Income
Definition
The amount of money collected between any two points in time.
Term
Means-tested Programs
Definition
Government programs available only to individuals who qualify for them based on specific needs
Term
Personal Responsibility and Work Opportunity Reconciliation Act
Definition
The official name of the "welfare reform" law of 1996.
Term
Poverty Line
Definition
Official statistic indicating what a family would need to spend to maintain an "austere" standard of living.
Term
Progressive tax
Definition
A tax by which the government takes a greater share of the income of the rich than the poor- for example, when a rich family pays 50% of its income in taxes, and a poor family pays 5%
Term
Proportional tax
Definition
A tax by which the government takes the same share of income from everyone, rich and poor alike- for example, when both a rich family and a poor family pay 20%
Term
Regressive Tax
Definition
A tax by which the burden falls relatively more heavily on low -income groups than on wealthy taxpayers. The opposite of a progressive tax.
Term
Simpson-Mazzoli Act
Definition
The Reagan-era law which provided amnesty to many immigrants and toughened border controls.
Term
Social Security act of 1935
Definition
Created both the Social Security program and a national assistance program for poor children, usually called AFDC
Term
Social Security Trust Fund
Definition
The "bank account" into which Social Security contributions are "deposited" and used to pay out eligible recipients.
Term
Social welfare policies
Definition
Policies that provide benefits to individuals, either through entitlements or means testing
Term
Temporary Assistance to Needy Families
Definition
Once called "aid to families with dependent children," this is the new name for public assistance to needy families.
Term
Transfer Payments
Definition
Benefits given by the government directly to individuals. Transfer payments may be either cash transfers, such as social security payments and retirement payments to former government employees, or in kind transfers, such as food stamps and low interest loans.
Term
Wealth
Definition
The value of assets owned.
Supporting users have an ad free experience!