About: Equity of condition

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Equity of condition in tax law and governmental spending is the economic condition, often arbitrary, that political leaders believe a person should be in after governmental social engineering and redistribution of wealth. The award or redistribution of wealth to the recipients overrides, substantially, any natural right of the producers of the wealth to keep the fruits of their labor.

Attributes	Values
rdf:type	disease
rdfs:label	Equity of condition (en)
rdfs:comment	Equity of condition in tax law and governmental spending is the economic condition, often arbitrary, that political leaders believe a person should be in after governmental social engineering and redistribution of wealth. The award or redistribution of wealth to the recipients overrides, substantially, any natural right of the producers of the wealth to keep the fruits of their labor. (en)
dcterms:subject	Taxation in the United States Public economics Political philosophy Tax reform
Wikipage page ID	15322877 (xsd:integer)
Wikipage revision ID	1025079909 (xsd:integer)
Link from a Wikipage to another Wikipage	Income tax Taxation in the United States Public economics Political philosophy Tax reform Mixed economy Social engineering (political science) Implied level of government service Standard of living Taxation in the United States Natural right Redistribution of wealth dbr:Primacy_of_the_citizen_and_taxpayer dbr:Primacy_of_the_state dbr:Real_property_use_tax
sameAs	Equity of condition Equity of condition Equity of condition
dbp:wikiPageUsesTemplate	dbt:Poli-philo-stub dbt:Citation dbt:Public_finance dbt:Tax-stub
has abstract	Equity of condition in tax law and governmental spending is the economic condition, often arbitrary, that political leaders believe a person should be in after governmental social engineering and redistribution of wealth. The award or redistribution of wealth to the recipients overrides, substantially, any natural right of the producers of the wealth to keep the fruits of their labor. The award of wealth in a socialist economy may be extensive, with a proscribed level of benefits for food, housing, health, education, recreation, welfare, etcetera—and have little or no relation to the citizen's productivity (e.g., before-tax income). The result, however, is that economic productivity and the standard of living can be lessened in a socialist economy due to disincentive to production. Equity of condition in a mixed economy, such as the United States, can be nebulous and ever-changing. Governmental subsidies and tax deductions may be extended for political reasons, and a political leader may never provide comprehensive economic rationale for his particular fiscal policy actions. The cost of the benefits is merely shifted to a discriminated portion of the tax base. Benefits may also be illusory to recipients, because further political manipulation of the tax code by political leaders can nullify the recipients’ original gains. (en)
gold:hypernym	Condition
prov:wasDerivedFrom	wikipedia-en:Equity_of_condition?oldid=1025079909&ns=0
page length (characters) of wiki page	2071 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Equity_of_condition
is Link from a Wikipage to another Wikipage of	Equality of outcome
is foaf:primaryTopic of	wikipedia-en:Equity_of_condition

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