Tax policies matter in redistribution from "summary" of The Haves and the Have-Nots by Branko Milanovic
Tax policies play a crucial role in the redistribution of income and wealth within a society. By determining the rates at which individuals and businesses are taxed, governments can directly influence the amount of income that is transferred from the rich to the poor. Progressive tax systems, in which higher incomes are taxed at higher rates, are one way in which tax policies can promote redistribution. These systems are designed to ensure that those who can afford to pay more contribute a larger share of their income to support public services and social welfare programs. In contrast, regressive tax systems, which tax lower incomes at higher rates, can exacerbate inequality by placing a greater burden on those who are least able to afford it. Furthermore, the way in which tax revenue is used can also impact the distribution of wealt...
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