Shifting income from those who are relatively productive to those who are relatively unproductive,say through taxes and subsidies,must be based on

Question

Quizplus · Accepted Answer

Shifting income from those who are relatively productive to those who are relatively unproductive is based on the values of people as to what constitutes a fair distribution of income. It is not necessarily based on sound economic principles, laws of demand and supply, or marginal cost and marginal benefit.

Shifting Income from Those Who Are Relatively Productive to Those