0
What else can I help you with?
A regressive tax will tend to redistribute income more?
equally
Which economic system says government should control all land and wealth?
in a Communist or command economy the government decides where people live what jobs they will preform and their income. thy also control all land and wealth.
What is a surplus tax?
A surplus tax is a tax imposed on individuals or corporations that exceed a certain income threshold, often targeting excess profits or wealth. Its primary aim is to redistribute wealth and address income inequality by taxing higher earnings at a higher rate. This type of tax can also be used to generate revenue for public services or social programs. Surplus taxes may vary in structure and implementation depending on the jurisdiction.
What economic system has the government redistribute wealth based on need?
The economic system in which the government redistributes wealth based on need is known as socialism. In socialism, the state often intervenes in the economy to ensure that resources and wealth are distributed more equitably among the population, aiming to reduce inequality and provide essential services to all. This can involve taxation, social welfare programs, and public ownership of key industries. While socialism emphasizes collective well-being, its implementation can vary widely, influencing the degree of government involvement in the economy.
What best describes marx's theory of communis?
The best way to describe Karl Marx's theory of communism is that he aimed to redistribute wealth.
What is a sentence using the word redistribute?
Robin Hood stole from the rich to redistribute money to the poor.If I redistribute my homework, I can focus on reading the lessons.The teacher had to redistribute a new test after he found out a student cheated.
Which of these government programs is designed to redistribute income?
Social Security
Which economic function does the government use a process such as income redistribution to assist poor or handicapped?
The government uses welfare programs and tax structures to redistribute wealth to assist the poor and handicapped. The government also invests money to subsidize education and amenities for the poor.
What does it mean to redistribute the wealth?
To redistribute wealth means to bring equality to everyone in wealth. To achieve this, the government for example, will tax the wealthy to provide for the poor. That is what it is to redistribute wealth.
Description of the equity function of government?
The equity function of government is concerned with the ability of all people to have their basic fundamental needs fulfilled. Programs to aid the poor and redistribute some of the wealth are the goals of a government that favors equity.
One main purpose of the Townsend Plan was to?
Redistribute wealth.
What Roosevelt's acts made an attempt to redistribute wealth?
It was the Revenue Act
Did the articles of confederation provide for the centerl government the power to tax the states?
*develop or protect certain industries *redistribute income * influence personal spending
A regressive tax will tend to redistribute income more?
equally
What is an explanation of the purpose of taxation?
The primary purpose of taxation is to raise money for the government. Some taxes also discourage certain behaviors such as smoking and drinking ( the so-called sin taxes ) and redistribute wealth, taxes such as the graduated income tax and inheritance tax. Protective tariffs protect domestic industries from foreign competition.
Which economic system says government should control all land and wealth?
in a Communist or command economy the government decides where people live what jobs they will preform and their income. thy also control all land and wealth.
What is Intergovernmental Transfers?
Intergovernmental transfers refer to the flow of funds from one level of government to another, such as from the federal government to state or local governments. These transfers are often used to support specific programs or initiatives, redistribute wealth, or address regional disparities in resources.
