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

Social Security payments
Social Security payments

progressive tax
progressive tax

government-provided housing
government-provided housing

food stamps

GPT-4o mini · Answer

The government can use several methods to redistribute income from high-income earners to lower-income earners. Among the options you've provided, the most direct method is:

Progressive tax.

Progressive taxes are structured so that those with higher incomes pay a larger percentage of their income compared to those with lower incomes. This can help reduce income inequality by redistributing wealth from high-income earners to fund various social programs that benefit lower-income individuals.

While Social Security payments, government-provided housing, and food stamps also serve to support lower-income individuals, they are not primarily mechanisms for income redistribution in the same way that a progressive tax system is.