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low income christmas

The period between Boxing Day and the end of the holidays when people on low incomes buy their presents and celebrate christmas at a discount. (due to the sales)
"Tina and her family consider the 29th of december to be their Low Income Christmas because they can't afford wrapping paper until it gets reduced."

"Bill: Hey george, what did you get for xmas?
George: Nothing Yet, we are having our Low Income Christmas tomorrow"
by SnobSnob January 3, 2010
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Monsters, Incorporated

(a.k.a. Monsters, Inc.) Monstropolis's largest source of scream energy. Monsters, Inc. is equipped with an enormous, high-security door vault, state of the art door station technology and scream collecting technology, professional-tested scarer training tools, and a quick link to the CDA, just in case.
Monsters, Incorporated: We scare, because we care.
by DanMat6288 May 7, 2004
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income tax

A long standing source of fraud on the fine citizens of the States of the US, - making use of legal terminology (legalese) to confound, confuse & obscufate the fact that the FEDERAL INCOME TAX is a tax on FEDERAL INCOME; - N0T a general tax on natural persons living & working in common occupations.
Federal Judges recieve their PAY from the FEDERAL GOVERNMENT. Therefore, they earn FEDERAL INCOME (a taxable source as defined in section 863 of title 26 -- the income tax code). Therefore, they owe FEDERAL INCOME TAX.

A construction worker gets his pay from non federal contracts in the private sector of on of the several states (such as California). His "income" does not come from a FEDERAL source nor any of the few named in section 861 & operative sections of the Internal Revenue Code. Therefore, his compensation for labor done within that state (geography is a deciding factor too -- jurisdictional) is NOT taxable.
by Curt Esident January 15, 2004
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Progressive income tax

The more money you make, the higher taxes you pay.

Antonym: flat tax
We need to make taxation more progressive and raise taxes on the wealthy.
by The Drafted's guitar player September 6, 2005
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low income

when someone makes under 25,000 a year they are considered 'low income'

can also mean someone whos down low and dirty in their ways
look at that italian over there frontin like hes making big money when he's only making 10 g year and lives with his parents. Wow, thats LOW income.
by Crimeons August 30, 2007
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Incompfident

A Portmanteau of incompetent and confident, describing a condition where one lacks any discernible talent, yet is excessively self-assured.
I just interviewed another Indian for the software developer position, what an incompfident fuck.
by Ronald Mcgoo July 29, 2014
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Incomplete dominance

Incomplete dominance is a form of intermediate inheritance in which one allele for a specific trait is not completely expressed over its paired allele. This results in a third phenotype in which the expressed physical trait is a combination of the phenotypes of both alleles.
page: hey bro so I took a red flower and a white flower and mated them, bro.
guy: ya so what happened?
page: I got a pink flower bro.
guy: how bro?
page: incomplete dominance. duh.
by iaintachuss May 2, 2018
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