Because Government Benefits Paid by Most Universal Programs Are Taxable,their

question 8

Multiple Choice

Because government benefits paid by most universal programs are taxable,their net after-tax yield depends on the income of the recipient.Hence

• A)gross payments may be universal,but net benefits are not.
• B)gross payments may not be universal,but net benefits are.
• C)gross payments may not be universal,and net benefits are not.
• D)gross payments and net benefits are universal.
• E)only higher-income households can benefit fully from such programs.

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