Income Redistribution Articles from SEXGRINDER.COM Free Article Directory

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Income redistribution refers to a political policy intended to even the amount of income individuals are permitted to earn.^{[citation needed]}

The basic premise of the redistribution of income is that money should be distributed to benefit the poorer members of society, and that the rich have an obligation to assist the poor.^{[citation needed]} Thus, money should be redistributed from the rich to the poor, creating a more financially egalitarian society.^{[citation needed]} Proponents of redistribution typically say that the rich exploit the poor or otherwise gain unfair benefits. Therefore, redistributive practices would be justified in order to redress the balance.^{[citation needed]}

This differs slightly from wealth redistribution or property redistribution, a policy which takes assets from the current owners and gives them to other individuals or groups.

Today, income redistribution occurs in some form in most democratic countries, most commonly through income-adjusted taxes (in which the amount of tax paid is directly connected to one's income), some of which goes to fund welfare programs to assist the poor or to all the society.

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