Economic policies that attempt to benefit the poor by taxing and spending are referred to as ________.
A) redistributive programs
B) unfunded mandates
C) general revenue sharing
D) categorical grants
E) formula grants

Question

Quizplus · Accepted Answer

Redistributive programs aim to redistribute wealth and resources from the wealthy to the poor through a variety of policies, including taxation and spending programs. These policies are designed to provide assistance to low-income individuals and families, such as welfare, food stamps, and Medicaid, and are often funded through progressive taxation or other revenue-raising measures that target the wealthy. Unfunded mandates, general revenue sharing, categorical grants, and formula grants may also provide funding for social welfare programs, but they do not specifically focus on redistributing resources to the poor.

Economic Policies That Attempt to Benefit the Poor by Taxing