Economic policies that attempt to benefit the poor with an increase in taxing and spending are referred to as ________.

Question

Quizplus · Accepted Answer

Redistributive programs are designed to redistribute wealth and income from the rich to the poor through taxation and government spending. These programs include social welfare programs, such as Medicaid and food stamps, as well as progressive taxation policies. Unfunded mandates, general revenue sharing, and formula grants are not necessarily focused on benefitting the poor through taxation and spending.

Economic Policies That Attempt to Benefit the Poor with an Increase