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Question: According to many sources, such as the U.S. Census Bureau, Global Issues, and the Joint Center for Poverty Research, the United States has a widening gap between the rich and the poor. Some say that such measures of poverty are exaggerated (Understanding Poverty and Economic Inequality in the United States). Which side is more persuasive? If we assume the gap is widening, is our current economic system ethically defensible? Is it ethical for the U.S. government to redistribute income through taxation from one group to another group in order to address the poverty of that group? Why or why not?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93128043

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