Which of the following would transfer wealth from the young to the old?
A) Taxes are raised to provide better education.
B) Taxes are raised to improve government infrastructure such as roads and bridges.
C) Taxes are raised to provide more generous pensions.
D) Taxes are raised to pay back part of the government debt.

Question

Quizplus · Accepted Answer

This is because more money is being taken from younger individuals through taxes to provide for older individuals' pensions, thus transferring wealth from the young to the old.

Which of the Following Would Transfer Wealth from the Young