Advertisements
Advertisements
प्रश्न
Explain how taxes can bring about equality in income distribution.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
Answer the following question in one or two sentences.
Explain the term deficit Financing.
The debt which yields income to the government is called as ______.
Observe the relationship of the first pair of words and complete the second pair.
During inflation the debtors gain.
During inflation the ______ lose.
Which of the following section of the society is most adversely affected by inflation?
Why do producers gain in the short run during inflation?
Discuss the effects of inflation on production.
How does inflation affect the following?
Debtors and creditors
Which section of society gains due to inflation? Why?
Explain the impact of inflation on producers in the short run.
