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Suppose we wanted zero poverty. This would cost a lot to some people and they would need to sacrifice. When we take wealth or income
Suppose we wanted zero poverty. This would cost a lot to some people and they would need to sacrifice.
When we take wealth or income away from higher-income people and give it to lower-income people,
some people believe that it destroys incentives. How would you answer the following questions?
a. What are the effects of this kind of redistribution?
b. Are you pro or against this redistribution. Justify your arguments in this redistribution debate.
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