The empirical data indicate that the tax system and the transfer programs of the government

Question

Quizplus · Accepted Answer

The tax system and transfer programs of the government are designed to redistribute income from higher-income individuals to lower-income individuals, thereby reducing the degree of inequality in the distribution of income. Taxes are typically progressive, meaning higher incomes are taxed at higher rates, and transfer programs provide financial assistance to those in need, both of which work to narrow the income gap.

The Empirical Data Indicate That the Tax System and the Transfer