noun phrase · academic
wealth redistribution
/wɛlθ ˌriːˌdɪstrɪˈbjuːʃən/WEALTH re·dis·TRIB·u·tion
Policies that transfer income or assets from richer to poorer groups to reduce inequality.
Examples
“Progressive taxation is a common tool for wealth redistribution.”
“Debates on wealth redistribution often centre on fairness and economic efficiency.”
“Wealth redistribution can take the form of higher inheritance taxes and stronger social transfers.”
Band 8 sentence
“Progressive taxation combined with targeted social programmes remains the most politically feasible mechanism for wealth redistribution in many advanced economies.”
Collocations
- implement wealth redistribution
- support wealth redistribution
- policies for wealth redistribution
Word family
Common mistakes
wealth distribution→wealth redistribution
a wealth redistribution→wealth redistribution
Say it for a higher band
5redistribution→6redistribution of wealth→7+wealth redistribution
Synonyms
income redistribution
Easily confused
income redistribution
“Debates about income redistribution often focus on tax policy.”
Related words
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In Society & Government
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