Economics 0455 · IGCSE · The role of government

The role of government — practice question

A purpose of government policy is to use taxation to redistribute income so that inequality is reduced. Which policy would accomplish this aim?

  • AImpose a tax of $\$0.20$ on every dollar earned.
  • BIncrease the tax-free allowances after which tax must be paid progressively.
  • CIntroduce a tax on all food.
  • DProvide an incentive to earn by reducing taxes for the highest paid.

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