Political decisions impact divisions from "summary" of The Haves and the Have-Nots by Branko Milanovic
Political decisions have a profound effect on the distribution of income and wealth within societies. Indeed, the way in which resources are allocated and redistributed by governments can either exacerbate or mitigate existing disparities among individuals and groups. Throughout history, we have seen how certain policies and laws have contributed to widening the gap between the haves and the have-nots. For example, tax policies play a crucial role in determining who bears the burden of financing public goods and services. When the wealthy are able to exploit loopholes and deductions in the tax code, they end up paying a lower effective tax rate than the middle class or the poor. This not only reduces the overall revenue available for social programs but also reinforces the concentration of wealth among the top income earners. Similarly, government spending decisions can either promote equality or perpetuate i...
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