Question

tax on income and tax on goods which of these 2 affects the reach the most and which it affects the poor are the most give reasons for your answer​

Answer 1

Answer:

• Income inequality has increased sharply over the past 40 years. A simple way to measure inequality is by looking at the share of income received by the highest-income people. Using a broad measure that includes labor, business, and capital income; and government social insurance benefits (such as Social Security, Medicare, and unemployment insurance), the Congressional Budget Office finds that the fifth of the population with the highest income saw their share rise from 46 to 54 percent between 1979 and 2016 (figure 1). This increase in income inequality came about despite the growth in Social Security and Medicare, which boost before-tax income for low- and middle-income households.

Answer 2

Explanation:

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