Income Distribution / Policies

Types of Taxes (2/3) (ID)

Indirect Tax

Direct Tax

* Income Tax
* Wealth Tax
* Corporate Tax

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Tax Systems (3) (ID)

Progressive Taxation

Regressive Taxation

Proportional/Flat Taxation

Causes on Inequality & Poverty (8) (ID) DDDUGGMI

Inequality of Opportunity

Different Levels of Resource Ownership

Different Levels of Human Capital

Discrimination (Gender, Race, etc)

Unequal Status & Power

Government Tax & Benefit Policies

Globalization & Technology Change

Market-Based Supply Side Policies

Policies to Promote Equality (6) (ID) PPTTUM

Policies to Reduce Inequalities of Opportunities/Investment in Human Capital

Transfer Payments

Targeted Spending/Subsidies on Goods & Services with Positive Externalities

Universal Basic Income

Policies to Reduce Discrimination

Minimum Wage

Types of Policies (2) (P)

Fiscal Policies

Monetary Policies

Demand Side Policies (4) (P)

Expansionary Fiscal Policies

Contractionary Fiscal Policies

Expansionary Monetary Policies

Contractionary Monetary Policies

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Supply Side Polices (2) (P)

Market Oriented

Interventionist

Market Oriented (8) (P) RRRRRDDP

Reduction in Direct Taxes

Reduction in Direct Taxes on Firms

Reduction in Trade Union Power

Reduction in Minimum Wages

Reduction in Unemployment Benefits

Deregulation

Deregulation on Financial Markets

Privatization

Interventionist (3/6) (P) ERI

Education

* Raise Levels of Human Capital
* Make Labor More Flexible

Research & Development

* New Technology
* New Techniques
* Improve Efficiencies

Infrastructure

* Transportation Linkages in Economy