Ghetto Tax

Ghetto Tax

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The term ghetto tax is used to describe the generally higher prices those with low incomes pay for goods and services, particularly those living in poverty-stricken areas.A ghetto tax is not literally a tax; it is a situation in which people pay higher costs for equivalent goods or services simply because they are poor, or live in a poor area. A paper by the Brookings Institute, titled "From Poverty, Opportunity: Putting the Market to Work for Lower Income Families," is widely cited as a study into ghetto taxes.The problem of ghetto taxes is closely associated with mobility; one study in the USA showed that higher prices might be prevalent in some neighbourhoods, but people with access to a car would have more access to affordable goods and services elsewhere, whilst those without a car would bear the brunt of higher local prices.show more

Product details

  • Paperback | 72 pages
  • 152 x 229 x 4mm | 118g
  • Patho Publishing
  • United States
  • English
  • black & white illustrations
  • 6136210541
  • 9786136210544