If the government choose to intervene to reduce wage inequality they have a number of policy options at their disposal. These include:
• Introduction of a maximum wage
• Increasing higher rate of tax to make tax system more progressive and
therefore narrow the gap in net pay
• Increasing the national minimum wage to increase the wages of the
lowest paid
• Removing the barriers to entry to high paying professions
• Strengthening regulation with regard to discrimination in workplace
lydiajane74 answered the question on July 4, 2018 at 19:58
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