âAnonymous, Anaheim, CA. A: With regard to federal taxation, individuals can exclude up to $250,000 in profit from the sale of a main home (or $500,000 for a married couple) as long as you have owned the home and lived in the home for a minimum of two years. Those two years do not need to be consecutive.
DEFINITION of 'Subsidy'. A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction.The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public.Politics play an important part in subsidization. subsidy is a benefit given to an individual, business or institution, typically by the government. Subsidies are given to promote a social good or an economic policy.
To the marker: This article is not my own! There are three levels of subsidy: 75 per cent of the bill for those with a monthly per capita income of $300 or less, 50 per cent for those with incomes between $301 and $700, and 25 per cent for those earning between $701 and $1,000. There are currently three levels of subsidy - 75%, 50% or 25%. 2  For example, if the total income is $800 per month and there are 4 family members, then the per capita income works out to $200.