The main income redistribution program that the federal government supports is:
A) the Earned Income Tax Credit program.
B) the Social Security System.
C) Medicaid.
D) Medicare.

Question

Quizplus · Accepted Answer

The Earned Income Tax Credit program is the main income redistribution program that the federal government supports. It provides tax credits to low-income working individuals and families to supplement their income and reduce the overall tax burden on them. This program is designed to incentivize work and alleviate poverty for those who are employed, rather than those who are unemployed or retired (as in the case of Social Security or Medicare). Medicaid is a healthcare program for low-income individuals and families, but it is not primarily an income redistribution program.

The Main Income Redistribution Program That the Federal Government Supports