Benefits v Tax The best method to solve inequality of poverty?

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Presentation transcript:

Benefits v Tax The best method to solve inequality of poverty?

Benefits

AdvantagesDisadvantages

Tax System Comment on how an increase in the top tax rate of tax might impact labour markets and the economy as a whole? Comment on how an increase in your personal allowance might impact labour markets and the economy as a whole? What are the key economic terms?

What to tax? Explain how inequality of income and inequality of wealth are inter-related. Income is a flow of factor incomes such as wages and earnings from work; rent from the ownership of land and interest & dividends from savings and the ownership of shares Wealth is a stock of financial and real assets such as property, savings in bank and building society accounts, ownership of land and rights to private pensions, equities, bonds etc

Which essay would you pick and why?