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What does it mean to subsidize your income?

It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.

What does it mean to subsidize something?

To subsidize something is to support it by providing it with money or other resources. So to subsidize is to underwrite something financially, providing the support that keeps it going. For example, our taxes are used by the government to subsidize many educational and social programs.

What is a subsidy and what is its purpose?

SUBSIDIES. A subsidy is a government payment to individuals, businesses, other governments, and other domestic institutions and organizations. The purpose of government subsidies is to ensure the availability of necessary goods and services.

How do you use subsidy in a sentence?

The company receives a heavy subsidy from the national government. The state controls all ecclesiastical appointments, decides on the passing or rejection of all decrees of the Holy See, and provides an annual subsidy for maintenance of the churches and clergy.

What is an example of a subsidy?

When the government gives a tax break to a corporation who creates jobs in depressed areas, this is an example of a subsidy. When the government gives money to a farmer to plant a specific farm crop, this is an example of a subsidy. When you are given a partial scholarship to college, this is an example of a subsidy.

What does subsidize employment mean?

Subsidized employment is work with earnings provided by an employer who receives a subsidy for the creation and maintenance of the employment position. To place an individual in subsidized employment, the displacement/replacement policy found below and the employment standards found below apply.

What is the difference between subsidized and unsubsidized employment?

Full-time employment is working an average of at least 30 hours/week. Unsubsidized employment is work with earnings provided by an employer who does not receive a subsidy for the creation and maintenance of the employment position. Self-employment activities include individuals who have earned income.

What are subsidized jobs?

A subsidized employment program is one way to provide income support to people who cannot find jobs in the regular labor market, particularly during periods of high unemployment. These programs have been designed primarily to provide work-based income support and have often targeted a broad range of unemployed people.

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