Question
Scenario A : Suppose that the country of UNIville has 100 people. 90 people have annual incomes of $100,000, and 10 people have annual incomes
Scenario A: Suppose that the country of UNIville has 100 people. 90 people have annual incomes of $100,000, and 10 people have annual incomes of $40,000. The average earnings of UNIville is $94,000. The median and modal earnings are $100,000.
Scenario B: Suppose that the country of UNIville has 100 people. 49 people have annual incomes of $100,000, and 51 people have annual incomes of $40,000. The average earnings of UNIville is $69,400. The median and modal earnings are $40,000.
In general, what would a libertarian political philosopher recommend the government do in terms of income redistribution?
What would a libertarian political philosopher recommend to the government of UNIville regarding taxing the citizens of UNIville who earn $100,000 and redistributing some of the money collected to the citizens who earn less? Would the specific recommendation be different for Scenario A than for Scenario B?
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