The largest income redistribution program(s) in the United States is (are) the ________.

Question

Quizplus · Accepted Answer

The Social Security System is the largest income redistribution program in the United States, providing benefits to retired and disabled individuals, as well as surviving spouses and dependents of deceased workers. It is financed through payroll taxes and redistributes income from current workers to beneficiaries. While other programs such as public assistance (welfare), Medicare and Medicaid, and the Supplemental Security Income program also redistribute income, their total redistributive effects are not as large as the Social Security System.

The Largest Income Redistribution Program(s) in the United States Is