Policies can alleviate inequality from "summary" of The Haves and the Have-Nots by Branko Milanovic
Policies play a crucial role in shaping the distribution of income and wealth in society. By implementing certain measures, governments can help reduce inequality among individuals and households. These policies can take various forms, such as progressive taxation, social welfare programs, and education initiatives. Progressive taxation is one way in which governments can redistribute wealth from the rich to the poor. By imposing higher tax rates on those with higher incomes, the government can collect more revenue to fund social programs that benefit the less fortunate. This helps level the playing field and narrow the wealth gap between different segments of ...Similar Posts
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