Tax policy changes that favor people who save will

Question

Quizplus · Accepted Answer

Tax policy changes that favor people who save will benefit those with high income, as they have more disposable income that they can save. Low-income households may not have enough income to save, so this policy change may not benefit them. This policy change may not necessarily create a more egalitarian society, as it primarily benefits those with high income. However, it can potentially increase national saving.

Tax Policy Changes That Favor People Who Save Will