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How a government might use taxation to affect the distribution of income?
Wiki User
∙ 11y ago
A government redistributes income by taking from one group of people and giving to another group. The most obvious is collecting taxes on business payrolls and giving benefits to the unemployed.
Wiki User
∙ 9y ago
Wiki User
∙ 11y agoA government will take income from one group if individuals and redistribute it to another group. This is done in the form of tax collections and other programs. This money is then redistributed to government programs such as unemployment programs and Department of Human Services benefit programs.
Wiki User
∙ 11y agoTax more on the rich people while tax less on the poor.
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Can government spending directly affect both the allocation of resources and the distribution of income?
True
The government creates income from what?
One of the ways through which the government gets income is taxation. The government also gets income from corporations or businesses that it has a stake in.
What is equitable income distribution?
Equitable income distribution is the concept or idea of fairness in taxation and welfare. It can refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.
What are the types of income distribution?
Personal income distribution and functional income distribution :)
How do government policies affect income?
Government policies and programs, such as benefit programs and the progressive income tax, reduce income inequality.
Can government spending directly affect both the allocation of resources and the distribution of income?
True
What is the main source of income for the US government?
Taxation
The government creates income from what?
One of the ways through which the government gets income is taxation. The government also gets income from corporations or businesses that it has a stake in.
The government income creates what?
One of the ways through which the government gets income is taxation. The government also gets income from corporations or businesses that it has a stake in.
What is a taxation?
When the government takes money from your income to pay debts and construction: taxes.
Who controls property and the distribution of income and socialist system?
The government
Who control property and the distribution of income in a socialist system?
The government
What is equitable income distribution?
Equitable income distribution is the concept or idea of fairness in taxation and welfare. It can refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.
Why is the justification of the progressive taxation method?
Progressive taxation is justified based on the principle of ability to pay, where those with higher incomes are expected to contribute a larger percentage of their income in taxes to support government services and social welfare programs. This approach is seen as promoting greater income equality and fairness in the distribution of tax burdens. Additionally, it helps to raise revenue needed for public services while reducing income disparities.
What is the purpose of the income tax brackets?
Income tax brackets enable the progressive taxation of income.
What has the author Georgia Kaplanoglou written?
Georgia Kaplanoglou has written: 'The distributional impact of the proposed tax reform on Greek households' -- subject(s): Income distribution, Income tax, Taxation
What are the types of income distribution?
Personal income distribution and functional income distribution :)
