Which solutions are undertaken by government for setting unequal distribution of income?
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Policies that can affect the level of economic inequality include redistribution between rich and poor, making it easier for people to climb the ladder of opportunity; and estate taxes, which are taxes on inheritances. Pushing too aggressively for economic equality can run the risk of decreasing economic incentives. However, a moderate push for economic equality can increase economic output, both methods like improved education and by building a base of political support for market forces.
- THE TRADEOFF BETWEEN INCENTIVES AND INCOME EQUALITY
- Public policy
- INHERITANCE TAXES
- Occupy Wall Street
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