One Argument Against Using Taxation to Pay Off the Public

question 54

Multiple Choice

One argument against using taxation to pay off the public debt is that it will redistribute wealth from

• A) poorer people who do not own bonds to richer bondholders.
• B) poorer bondholders to richer people who do not own bonds.
• C) richer bondholders to poorer people who do not own bonds.
• D) richer bondholders to richer people who do not own bonds.

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Definitions:

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