Question

Should our government take money from the rich and give it to the poor? If so,...

Should our government take money from the rich and give it to the poor?

If so, why, how, and how much should they?

Homework Answers

Answer #1

The given question is related to redistribution of income and in this regard redistribution of income is actually done by any countries and this ensures that there would be uniformity in every individual in terms of their growth. This can be done by progressive taxation system that is being currently employed by various governments and this ensures that the rich face more tax and the poor pays less on the whole and in this progressive taxation based on the income levels and different country scenarios this can be done depending on the percentages

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