A high-income household is taxed a certain amount of money.A low-income household receives financial assistance in the same amount from government.The marginal dollar of the financial assistance to the family and the taxes paid by the high-income family are:
A) the same, since it is the same amount of money.
B) different, since the marginal dollar is worth more to the low-income family.
C) different, since the high-income family will find the marginal dollars lost will keep them from buying necessities.
D) unimportant in determining the impact of this plan on the welfare state.
Correct Answer:
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