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#1 12/01/17 4:55 PM

ThomasEcrind's Default Avatar
Registered: 12/01/17
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Redistribution of wealth is simply the transfer of wealth, property or income from one individual to another. This redistribution is caused by some social mechanism, such as nationalization, charity, taxation, welfare or tort law. Typically the redistribution is progressive, referring to a transfer of wealth from the rich to the poor. Redistribution is sometimes regressive, however, referring to a transfer of wealth from the poor to the rich. The redistribution debate is widely controversial, with both sides arguing a number of different pros and cons for the redistribution of wealth.


12/01/17 4:55 PM

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