Impact of tax breaks on income inequality

Tax breaks can widen income gaps, benefiting the wealthy more. This can exacerbate inequality issues. Less tax revenue means fewer government programs for low-income individuals. The rich get richer, while the poor struggle. Income inequality deepens, leading to social unrest and dissatisfaction. Government policies should address this issue for a fairer society. Reforms can create a more balanced tax system. Wealth distribution should be more equitable to reduce disparities. Taking action on tax breaks can help level the playing field for all individuals. It's crucial to consider the impact of tax policies on income inequality for a more just society.
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