policies to redistribute income/wealth

Question 1

taxation

Answer 1

increase progressive taxes eg taxing rich more heavily
raise tax free allowances

decrease regressive taxes i.e burden poor
alcohol duty , vat duty increasing income poor can keep

BUT 1.tax revenues decrease 2.bug revenue earners

Question 2

benefits ;universal / means tested

Answer 2

increase benefits
BUT 1 poverty trap (incentives)]
2.gov finances go down

Question 3

minimum /maximum wage

Answer 3

But 1.incentives

2.employment

Question 4

legislation-anti discrimination

• hiring/firing
• min wage

-

Answer 4

But cost to business
enforcement
gov failure

Question 5

gov spending on education/training

Answer 5

but gov finances

time