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How does the government carry out income redistribution?

Blondebombshell

wrote...

Posts: 342

Rep:

5 years ago

How does the government carry out income redistribution?

How does the government carry out income redistribution?

Textbook

Economics Today: The Micro View

Economics Today: The Micro View

Edition: 19^th

Author: Miller

Read 33 times

2 Replies

Related Topics

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billybob888

wrote...

#1

5 years ago

Income redistribution can be carried out by a combination of progressive taxation and transfer payments. Transfer payments are money payments made by the government to people for which no goods or services are rendered. Transfers can also be "in-kind," that is, in the form of a good or service.

Blondebombshell Author

wrote...

#2

5 years ago

I wanna give this person a hug.

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