franny6563 franny6563
  • 07-10-2021
  • Business
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when the government redistributes income from the wealthy to the poor,

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jahmiyahjacksonsmith
jahmiyahjacksonsmith jahmiyahjacksonsmith
  • 07-10-2021
In a Robin Hood effect, income is redistributed so that economic inequality is reduced. For example, a government that collects higher taxes from the rich and lower or no taxes from the poor, and then uses that tax revenue to provide services for the poor, creates a Robin Hood effect.
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