The distribution of income within the borders of a hypothetical country has begun troubling members of Congress. Specifically, the members of Congress are concerned that a very small minority commands a large portion of the country's total GDP. Which of the following methods might the government use to redistribute income from the high-income earners to lower-income earners?(1 point)

Question

The distribution of income within the borders of a hypothetical country has begun troubling members of Congress. Specifically, the members of Congress are concerned that a very small minority commands a large portion of the country's total GDP. Which of the following methods might the government use to redistribute income from the high-income earners to lower-income earners?(1 point)
Responses

government-provided housing
government-provided housing

Social Security payments
Social Security payments

progressive tax
progressive tax

food stamps

GPT-4o mini · Answer

The method that the government might use to redistribute income from high-income earners to lower-income earners among the options provided is a progressive tax.

A progressive tax system imposes a higher tax rate on higher income levels, which can help redistribute wealth by requiring those who earn more to contribute a larger portion of their income to government revenue. This revenue can then be used to fund social programs that benefit lower-income individuals and families.

While government-provided housing, Social Security payments, and food stamps can also assist in redistributing income and providing support, the progressive tax is specifically designed as a mechanism for income redistribution.