Large income transfers are targeted toward the elderly, farmers, and the unemployed, regardless of their economic condition.
Question:
Large income transfers are targeted toward the elderly, farmers, and the unemployed, regardless of their economic condition. Why do you think this is so? Do you think there would be less income inequality if the government levied higher taxes in order to make larger income transfers? Why or why not?
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The targeting of large income transfers toward specific groups such as the elderly farmers and the unemployed regardless of their economic condition can be attributed to various economic social and po...View the full answer
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Related Book For 
Economics Private And Public Choice
ISBN: 9780357133996
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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