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प्रश्न
Explain how taxes can bring about equality in income distribution.
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उत्तर
Budgetary measures, including taxation policies, are implemented by the government to assist reduce income and wealth disparities. It tries to impact income distribution by levying high taxes on the wealthy and lowering taxes on necessary products for the poor. This will diminish the income of the wealthy, hence reducing inequities in income and wealth distribution.
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संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
The debt which yields income to the government is called as ______.
Examine any three adverse or evil effects of inflation on production.
______ are worst affected during the period of inflation.
Why do producers gain in the short run during inflation?
How does inflation affect the distribution of income?
Discuss the effects of inflation on production.
How does inflation affect the following?
Debtors and creditors
Which section of the society is worst affected during inflation? Why?
Explain the impact of inflation on producers in the short run.
