Tax Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! PreviewAdvancedSpecial charactersHelpHeadingLevel 2Level 3Level 4Level 5FormatInsertLatinLatin extendedIPASymbolsGreekGreek extendedCyrillicArabicArabic extendedHebrewBanglaTamilTeluguSinhalaDevanagariGujaratiThaiLaoKhmerCanadian AboriginalRunesÁáÀàÂâÄäÃãǍǎĀāĂ㥹ÅåĆćĈĉÇçČčĊċĐđĎďÉéÈèÊêËëĚěĒēĔĕĖėĘęĜĝĢģĞğĠġĤĥĦħÍíÌìÎîÏïĨĩǏǐĪīĬĭİıĮįĴĵĶķĹĺĻļĽľŁłŃńÑñŅņŇňÓóÒòÔôÖöÕõǑǒŌōŎŏǪǫŐőŔŕŖŗŘřŚśŜŝŞşŠšȘșȚțŤťÚúÙùÛûÜüŨũŮůǓǔŪūǖǘǚǜŬŭŲųŰűŴŵÝýŶŷŸÿȲȳŹźŽžŻżÆæǢǣØøŒœßÐðÞþƏəFormattingLinksHeadingsListsFilesDiscussionReferencesDescriptionWhat you typeWhat you getItalic''Italic text''Italic textBold'''Bold text'''Bold textBold & italic'''''Bold & italic text'''''Bold & italic textDescriptionWhat you typeWhat you getReferencePage text.<ref>[https://www.example.org/ Link text], additional text.</ref>Page text.[1]Named referencePage text.<ref name="test">[https://www.example.org/ Link text]</ref>Page text.[2]Additional use of the same referencePage text.<ref name="test" />Page text.[2]Display references<references />↑ Link text, additional text.↑ Link text====Reduced inequality==== Progressive taxation generally reduces [[economic inequality]], even when the tax revenue is not [[Redistribution of income and wealth|redistributed]] from higher-income individuals to lower-income individuals.<ref>{{Cite web|title=How do taxes affect income inequality?|url=https://www.taxpolicycenter.org/briefing-book/how-do-taxes-affect-income-inequality |date=May 2020 |access-date=22 September 2021|website=Tax Policy Center|language=en}}</ref><ref>{{Cite book|url=https://www.oecd-ilibrary.org/economics/economic-policy-reforms-2012_growth-2012-en|title=Economic Policy Reforms 2012: Going for Growth|date=24 February 2012|publisher=OECD|isbn=978-92-64-16825-1|language=en|doi=10.1787/growth-2012-en |url-status=live |archive-url=https://web.archive.org/web/20231018164559/https://www.oecd-ilibrary.org/economics/economic-policy-reforms-2012_growth-2012-en |archive-date= 18 October 2023 }}</ref> However, in a highly specific condition, progressive taxation increases [[economic inequality]] when lower-income individuals consume [[goods]] and [[Service (economics)|services]] produced by higher-income individuals, who in turn consume only from other higher-income individuals ([[trickle-up effect]]).<ref>{{Cite web|title=Could More Progressive Taxes Increase Income Inequality? |url=https://www.stlouisfed.org/on-the-economy/2020/may/could-more-progressive-taxes-increase-income-inequality|access-date=22 September 2021|website=St. Louis Fed |date=19 May 2020 |first1=Laura |last1=Jackson |first2=Christopher |last2=Otrok |first3=Michael T. |last3=Owyang }}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page