Explain whether or not this level of redistribution is appropriate and whether more redistribution should occur.

Redistribution of income occurs through the federal income tax and government antipoverty programs. Explain whether or not this level of redistribution is appropriate and whether more redistribution should occur. How does a society or a country make the decision about the tradeoff between equality and economic output? Explain. Hint: Think about the political system.Recently, the Fed made Initial Purchases in its First Corporate Debt Buying Program. Discuss why the Fed is buying Corporate Debt in lieu of U.S. Treasuries? Does this program represent a corporate subsidy? Explain.