Unit 3.4(2) Policies to improve equality, equity and poverty
This page covers the policies used to improve equity, equality and reduce poverty. It includes taxation and other forms of government intervention such as minimum wages, education and regulations. Direct tax is a tax on household income and business profits. Indirect tax is a tax on expenditure on goods and services, such as VAT. Tax can be used to redistribute income from those with higher incomes to those with...