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

food stamps
food stamps

Social Security payments
Social Security payments

progressive tax
progressive tax

government-provided housing

GPT-4o mini · Answer

The government could use a **progressive tax** as a method to redistribute income from high-income earners to lower-income earners. Progressive taxes are designed so that individuals with higher incomes pay a larger percentage of their income in taxes compared to those with lower incomes. This approach can help to reduce income inequality and provide funds for social programs that benefit lower-income earners. While food stamps, Social Security payments, and government-provided housing can contribute to income assistance and support, the progressive tax system is specifically aimed at income redistribution.