Academy of Accounting and Financial Studies Journal (Print ISSN: 1096-3685; Online ISSN: 1528-2635)

Abstract

The role of tax policy in promoting social equity and redistribution

Author(s): Aditya Putra

Tax policies play a crucial role in shaping social equity and facilitating redistribution of wealth within societies. This article explores the mechanisms through which tax policies can promote social equity by analyzing their impact on income distribution, access to public services, and overall economic justice. By examining different forms of taxation, such as progressive income taxes, wealth taxes, and social security contributions, this article highlights how governments can design fiscal frameworks to reduce inequality and enhance fairness. Additionally, it discusses the challenges and considerations involved in implementing effective tax policies that address disparities and ensure a more equitable distribution of resources. Ultimately, understanding the role of tax policy in promoting social equity is essential for policymakers, economists, and citizens committed to fostering a just and inclusive society

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