This debt is then offset against profit to reduce tax, thereby
reducing wealth redistribution and social provision.
Not exact matches
While
redistribution of
wealth is (by definition) necessary to
reduce income inequality, some forms of taxation could make it worse.
It is also used for its secondary effects: punitive taxation, taxation used as an incentive (e.g. protectionist tariffs, environmental taxes to
reduce pollution, sin taxes on gambling or drugs, financial transaction taxes, Pigovian taxes), foreign policy (tariffs),
wealth redistribution (progressive taxation, negative income tax).
I think you're going to see a massive
redistribution of
wealth to Wall Street, and we're not going to
reduce the carbon dioxide in the atmosphere.
It's a massive
redistribution of
wealth, further limits our freedoms all under the guise of
reducing an essential trace greenhouse gas, and does next to nil for energy independence.