Economy, asked by vijaykr22012004, 2 months ago

how does tax and subsidy be used to redistribution of income...

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Answered by Vandana338

1

Answer:

Transfers can be divided into transfers from individuals- taxes- and transfers to individuals- subsidies. The income tax is an example of a transfer from taxpayers to the government, unemployment benefit is an example of a transfer from the government to individuals - in this case the unemployed.

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