__________ are legal tax loopholes that allow the affluent to escape paying certain taxes and receive a subsidy.
A) Regressive taxes
B) Tax expenditures
C) Welfare taxes
D) Poverty thresholds
A tax rate that remains the same for all people rich or poor is an example of a __________.
A) tax expenditure
B) progressive tax
C) regressive tax
D) medical tax
Jeff is a part of a hidden system of tax breaks
and advantages given to his corporation directly in the form of subsidies and indirectly in the form of tax loopholes. Jeff benefits from __________.
A) welfare
B) wealthfare
C) institutional discrimination
D) the Personal Responsibility and Work Opportunity Reconciliation Act
Most government subsidies go to the non-poor. These are known as __________.
A) welfare
B) warfare
C) wealthfare
D) regressive taxes
Sometime, the poor receive government funds and subsidies, known as __________, in order to help them get by at a minimum level.
A) welfare
B) wealthfare
C) regressive taxes
D) the official poverty line
The poor __________.
A) use a small amount of their income for housing
B) pay less for day-to-day products like milk and bread
C) are exploited by payday loans
D) receive the greatest amount of government aid
The hidden welfare system refers to government aid that goes to the non-poor in the form of __________.
A) tax increases on wealthy individuals
B) direct subsidies to corporations
C) low-cost credit to people below the poverty line
D) increased scrutiny and oversight for corporate lending
Welfare reform in 1996 __________.
A) required those on welfare to get a job immediately
B) capped welfare assistance at fifteen years
C) made large cuts in funding to the poor
D) created new education programs for poor children
The 1996 welfare reform legislation was officially called the __________.
A) Personal Welfare Reform and Reconciliation to Work Opportunities Act
B) Personal Welfare Ongoing Reform and Responsibility Act
C) Personal Responsibility and Work Opportunity Reconciliation Act
D) End of Government Welfare Act
The number of those who are severely poor __________.
A) is on the rise
B) is on the decline
C) has stayed the same since 1979
D) is lower in the United States than any other country
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