benefit
social welfare
Learn about this topic in these articles:
comparison with personal income tax
- In income tax: Equity tests
…some close relation to the benefits the taxpayer enjoys from the operation of government, have tried to show that, at some levels of income, benefits increase more rapidly than income. But their efforts have served to do little more than reveal the shortcomings of “benefit theory.” Others, starting with the…
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workers’ compensation insurance
- In insurance: Classes of benefits
Four classes of benefits are provided by compulsory insurance, and, except for certain diseases, a right to them is acquired without any qualifying period of previous employment. First is a medical benefit, which includes all necessary treatment and the supply of artificial limbs. If…
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