Policies to alleviate poverty and redistribute income: progressive taxation

Published by Patrick Mutisya · 14 days ago

IGCSE Economics 0455 – Economic Development: Poverty – Progressive Taxation

Economic Development – Poverty

Policy Objective

To reduce the incidence of poverty and achieve a more equitable distribution of income by using fiscal measures, particularly progressive taxation.

What is Progressive Taxation?

A progressive tax system imposes a higher tax rate on higher income brackets. The tax liability increases at a faster rate than the increase in income, meaning that the average tax rate rises as income rises.

How Progressive Taxation Works

  1. Define income brackets (e.g., low, middle, high).
  2. Assign a marginal tax rate to each bracket, with rates rising for higher brackets.
  3. Calculate tax payable by applying each rate to the portion of income that falls within its bracket.

For example, if the tax brackets are:

  • 0 % on income up to $10,000
  • 10 % on income between \$10,001 and \$30,000
  • 20 % on income between \$30,001 and \$70,000
  • 30 % on income above $70,000

The tax payable by an individual earning $85,000 would be calculated as:

\$\$

\begin{aligned}

\text{Tax} &= 0\% \times 10{,}000 \\

&\;+\;10\% \times (30{,}000-10{,}000) \\

&\;+\;20\% \times (70{,}000-30{,}000) \\

&\;+\;30\% \times (85{,}000-70{,}000) \\

&= 0 + 2{,}000 + 8{,}000 + 4{,}500 = \$14{,}500

\end{aligned}

\$\$

Advantages of Progressive Taxation

  • Reduces income inequality by redistributing wealth from higher‑income earners to lower‑income groups.
  • Provides the government with a larger revenue base to fund public services (education, health, social security) that benefit the poor.
  • Can act as an automatic stabiliser: tax receipts fall during recessions when incomes drop, leaving more disposable income in the hands of consumers.

Disadvantages of Progressive Taxation

  • May discourage investment and work effort among high‑income earners if rates are perceived as too high.
  • Complexity in administration and compliance, leading to higher administrative costs.
  • Potential for tax evasion or avoidance, especially in economies with weak enforcement.

Comparison with Other Tax Structures

Tax TypeRate StructureImpact on Income DistributionTypical Use
ProgressiveHigher marginal rates for higher income bracketsReduces inequalityIncome tax, estate tax
Proportional (Flat)Same rate for all income levelsNeutral – does not change inequalitySales tax, some corporate taxes
RegressiveEffective rate falls as income rises (e.g., indirect taxes)Increases inequalityExcise duties, payroll taxes

Key Policy Considerations for Implementing Progressive Taxation

  1. Bracket Design: Choose income thresholds that reflect the cost of living and poverty lines.
  2. Rate Setting: Balance revenue needs with incentives for work and investment.
  3. Administration: Ensure a transparent, efficient tax collection system to minimise evasion.
  4. Use of Revenue: Allocate funds to programmes that directly benefit low‑income households (e.g., cash transfers, subsidised education).
  5. Monitoring & Evaluation: Regularly assess the impact on poverty rates and adjust brackets or rates as needed.

Suggested Diagram

Suggested diagram: A Lorenz curve illustrating how progressive taxation shifts the curve closer to the line of equality, reducing the Gini coefficient.

Summary

Progressive taxation is a central tool for governments aiming to alleviate poverty and achieve a more equitable income distribution. By taxing higher incomes at higher rates, the state can generate revenue for social programmes that directly support the poor, while also moderating income inequality. However, careful design and administration are essential to avoid negative side‑effects such as reduced incentives for work and investment.