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

Question

Quizplus · Accepted Answer

Redistributive programs, also known as social welfare policies, are government policies that aim to reduce income inequality and poverty by transferring wealth from the rich to the poor. This is usually achieved through taxation and spending policies, such as progressive income taxes, means-tested benefits, and subsidies for education and healthcare. Unfunded mandates, general revenue sharing, and formula grants are not specifically designed to benefit the poor, although they may have indirect effects on poverty reduction.

Economic Policies That Attempt to Benefit the Poor Through Taxing