Answer:
Budgetary policy can be used by government for reducing inequalities of income. To achieve its target, government should formulate suitably its fiscal policy. Through, its fiscal policy government should put tax on rich people and spend that revenue for the benefit of poor people. Govt. should levy more direct taxes because these are paid by rich people. Schemes for providing health services and education to poor people should be encouraged.
You need to login to perform this action.
You will be redirected in
3 sec
