What effect is income tax collection and redistribution meant to have on income inequality?

Name: What effect is income tax collection and redistribution meant to have on income inequality?
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Quizplus · Accepted Answer

Income tax collection and redistribution are meant to decrease income inequality by taking a portion of income from high earners and redistributing it to those with lower incomes. This helps to ensure a more equitable distribution of wealth and reduce the gap between the rich and the poor.

What Effect Is Income Tax Collection and Redistribution Meant to Have