Which of the following is true of the tax and transfer programs of the United States?
a. Tax-transfer programs persistently redistribute income from the rich to the poor.
b. Social Security, the largest transfer program, redirects income toward the elderly, a group with above-average levels of both income and wealth.
c. The bulk of agriculture subsidies go to large farmers with above-average incomes.
d. Taxes generally take a larger share of the income of the poor than is true for those with higher incomes.
e. Both b and c are true.
E
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