What would proponents of tax-law changes to encourage saving most likely do?
A) They would argue that corporate tax rates should be increased.
B) They would argue in favour of eliminating or reducing the means tests for government benefits.
C) They would argue that provincial sales tax should be replaced with provincial income tax.
D) They would argue in favour of raising taxes for the wealthy.

Question

Quizplus · Accepted Answer

Proponents of tax-law changes to encourage saving would likely support policies that make saving more accessible and beneficial for individuals, such as eliminating or reducing means tests for government benefits. This would allow more people to save without losing eligibility for certain benefits, thereby encouraging saving behavior.

What Would Proponents of Tax-Law Changes to Encourage Saving Most