Redistributive
Redistributive is an adjective used in economics and public policy to describe policies, programs, or measures that aim to alter the distribution of income or wealth within a society. Redistributive policy seeks to reduce inequality by transferring resources from higher-income individuals or groups to lower-income individuals or groups, often through government action. These measures can be universal or targeted and may involve taxes, public spending, subsidies, or the provision of public services.
Mechanisms commonly associated with redistributive policy include progressive income taxation, social security and welfare programs, subsidized
Debate over redistributive policy centers on trade-offs between equity and efficiency, including concerns about reducing incentives