Redistributive function of fiscal policy and the income inequalities among the society  Cover Image

Redistributive function of fiscal policy and the income inequalities among the society
Redistributive function of fiscal policy and the income inequalities among the society

Author(s): Michał Sosnowski
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: income inequalities; Gini coefficient; fiscal policy; redistribution; economic growth

Summary/Abstract: The article focuses on a redistributive function of fiscal policy in view of limitation of excessive income inequalities among the society. Owing to that, there is a description of the essence, meaning and goals of the redistributive function in the process of implementation of social-economic policy. What is more, there is a focus on the problem of income disproportions, their changes in Poland in 2004–2012 and the impact of the inequality on the stability and endurance of the economic growth. In conclusion, it was stated that redistribution of GDP, adequate to needs and condition of the economy, is able to reduce excessive income disproportions (mainly with the use of the taxation system) which negatively influence perspectives for the economic growth. The fiscal policy in this matter will be effective if, owing to its implementation, the stimuli to economic activity will not be weakened, what might be the case if excessive taxes in favour of income egalitarianism would be introduced.

  • Issue Year: 2015
  • Issue No: 403
  • Page Range: 308-320
  • Page Count: 13