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Wealth redistribution is the alienation of income or property from some individual to other caused by socialistic intervention/mechanism.

For example: taxation and charity. Here wealth redistribution mean transfer of money from rich to poor. In other words consecutive redistribution. In order to keep peace, stability and equality between rich and poor, redistribution of wealth is the best policy, because if the gap between rich and poor increase continuously the chance of hope for the poor to improve his life quality will be zero. This will lead towards civil disturbace and extreme result will be Revolution. Actually after studying Russian history I came to know that number of poor compare to rich were increasing and as usual rich ignored the needs of poor. As a consequence revolution in Russia resulted because of hardship of poor people. Wealth redistribution also plays a vital role in terms of progressive taxation. There is a famous saying from an American columnist Bill Vaughan that The tax collectors must love poor people, he is creating so many of them. Lets take an example suppose person A earns 2.0 million won per month and person B earns 800000 million won per month and suppose we are living in a flax taxation society i.e. Both person are paying the same amount of tax although there savings are different and also the price of 1 liter of milk is same for both rich and poor. Person B is not earning enogh to survive a day and we are asking him to pay same tax as rich is paying. In contrast due to progressive taxation countrys economy will grow and the difference between rich and poor can be can be removed by practicing this. In the same way we can maintain the balance in society. Human natural way of judgment also supports the redistribution of wealth. As we all kno that from the Adam till now all babies born helpless mean dependent. None of us wouldnt survive with out parents care. Bu t if parents dont care , so most of us will come forward and

care, if and only if parents failed to care for the baby. Humans have natural sense of fairness and if they even dont have the minimum standard of fairness then throughout history, human used some sort of fairness which built on the bases of economic supported system. Similarly if we care the sicks, poor and unlucky poor then it will be a noble thing to do. In the long run redistribution of wealth is good when it is balanced and improves the social stability (lowers crime and fighting among poor people). It will also allow rich people to enjoy their wealth easily.

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