A tax designed to reduce the disparities in wealth between the rich and poor is called a(n)

Question

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A tax designed to reduce the disparities in wealth between the rich and poor is called a policy of redistribution. It involves redistributing income from the wealthy to the less wealthy through taxes, social welfare programs, and other forms of government intervention. This can take the form of progressive taxation, where the rich are taxed at a higher rate than the poor, or direct income transfers, which provide financial assistance to those with lower incomes.

A Tax Designed to Reduce the Disparities in Wealth Between