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Income Redistribution Programs

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Describe three (3) income redistribution programs in the U.S. Thank you for your help!

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Solution Summary

This solution first gives a general overview of what income redistribution is. It then provides information on a host of various programs and ways through income is redistributed in the United States. References are also provided.

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Hello Student,

In order to attempt this question, the first thing that you want to do is give a definition of 'what is income distribution?' After which you may make mention of the various ways in which income may be redistributed. Then, you may speak to the specific programs that exist within the United States.

Note the following excerpt:

"Income redistribution is a practice which is designed to level incomes across a society through the transfer of income from wealthier individuals to poorer individuals, either directly or indirectly. Proponents of this practice argue that it promotes the development of an egalitarian society and addresses a number of social problems which are linked with poverty. Opponents believe that income redistribution is a form of theft, suggesting that it involves taking legitimately earned funds away from people and giving them to others."
Source: http://www.wisegeek.com/what-is-income-redistribution.htm

There are several ways in which income may be distributed; but before mentioning them you may want to also note that, "the goal of income distribution is not to make all incomes equal by taking money away from some people and giving it to others. Instead, the goal is to avoid what proponents view as extreme or ...

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