Answer to Question #96857 in Macroeconomics for Kathleen

Question

State one reason why supply-side economics (reducing corporate and individual taxes) has not reduced income inequality?

Answer 1

      One Reason why Supply-side Economics has not Reduced Income Inequality.

Supply-side fiscal policy mainly concentrates on creating better working conditions for businesses by tax cuts and deregulation and therefore it has no any effect on controlling the distribution of wealth in a population.

                       Reference.

Kimberly Amadeo; Supply-side Economics with Examples; April 06,2019.