Discuss why governments aim to reduce income distribution


Problem

The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones "

Discuss why governments aim to reduce income distribution inequality and using an evidence based approach, assess the effectiveness of Australian government policies at achieving a more equitable distribution of income.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Discuss why governments aim to reduce income distribution
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