Discuss in detail the following methods used to redistribute income and wealth in cash grants?‚Äč

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Answer 1

Answer:

Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law.

-The term typically refers to redistribution on an economy-wide basis rather than between selected individuals.

Interpretations of the phrase vary, depending on personal perspectives, political ideologies and the selective use of statistics.

-It is frequently heard in politics, usually referring to perceived redistribution from those who have more to those who have less. Occasionally, however, it is used to describe laws or policies that cause opposite redistribution that shift monetary burdens from low-income earners to the wealthy.

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The phrase is often coupled with the term class warfare, with high-income earners and the wealthy portrayed as victims of unfairness and discrimination.

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Redistribution tax policy should not be confused with predistribution policies. "Predistribution" is the idea that the state should try to prevent inequalities from occurring in the first place rather than through the tax and benefits system once they have occurred. For example, a government predistribution policy might require employers to pay all employees a living wage, not just a minimum wage, as a "bottom-up" response to widespread income inequalities or high poverty rates.

Many alternate taxation proposals have been floated without the political will to alter the status quo. One example is the proposed "Buffett Rule", which is a hybrid taxation model composed of opposing systems, intended to minimize the favoritism of the special interest tax design.


Related Questions

What are the factors that influence the power input to the compressor?

a) The mass flow of air

b) The pressure ratio of the compressor

c) The inlet temperature

d) Temperature difference between the inlet and outlet

e) The properties of the working medium

Answers

Answer:

option e is correct answer

Do you think that the country that has the right to force vaccinations on the community?

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Answer:

no

Explanation:

we all have the freedom to choose whether we want to have something injected in our bodies that we aren't sure about. This would be a violation of our constitutional right to force us to take the vaccine.

Which of the following defines context?


the ability to find new ways of thinking about a problem

the condition in which a problem exists

the study of the theoretical nature of an event

the problem-solving technique of an engineer

Answers

Answer:

The condition in which a problem exists

Explanation:

Context is the situation surrounding information, e.g. if you don't understand a word in a passge you can look for "context clues" where you use surrounding words to infer the meaning of the unknown one

What is the measurement

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Bahaiajkabaiiakqbqhja

How does Brake system work

Answers

Answer:

To stop a car, the brakes have to get rid of that kinetic energy. They do so by using the force of friction to convert that kinetic energy into heat. This hydraulic system multiplies the force of your foot on the brake pedal into enough force to apply the brakes and make the car stop.

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