Social Security
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.
Taxes
Australia's three big income earners are mining, agriculture and tourism.
Primerica
Marginal earners of tax refer to individuals or households whose income falls within the range that is subject to taxation at the highest marginal tax rate applicable to their earnings. They typically earn just enough to be taxed but may not have significant disposable income after fulfilling tax obligations and necessary living expenses. This group can include low to middle-income earners, who may experience a higher tax burden relative to their income, thus affecting their overall financial well-being.
90% of the earth's people.
PRIMERICA
UAE !!
*develop or protect certain industries *redistribute income * influence personal spending
equally
Inflation affects low income earners more than high income earners. This is because low income earners' income tends not to rise as quickly as prices, therefore, their purchasing power decreases. Also, low income earners do not have the skills to demand higher wages. It should be noted that high inflation generally leads to interest rate increases. This affects low income earners' cost of living and compounds the other affects of inflation. So, inflation decreases purchasing power of low income earners relative to high income earners, whose income increase as quick as inflation. Ultimately, income distribution becomes less equal.