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 question in one or two sentences.
Explain the term deficit Financing.
Examine any three adverse or evil effects of inflation on production.
Identity the correct statement from the following:
______ are worst affected during the period of inflation.
Which of the following section of the society is most adversely affected by inflation?
Why do producers gain in the short run during inflation?
How does inflation affect the distribution of income?
How does inflation affect the following?
Debtors and creditors
Which section of society gains due to inflation? Why?
Which section of the society is worst affected during inflation? Why?
