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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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