From the perspective of redistributing income from rich to poor, equalizing intergovernmental grants are bound to have some perverse effects. For such grants, although transfering income from wealthy to poor on average, will inevitably result in some income transfers from poor individuals who...

From the perspective of redistributing income from rich to poor, equalizing intergovernmental grants are bound to have some perverse effects. For such grants, although transfering income from wealthy to poor on average, will inevitably result in some income transfers from poor individuals who...