Why Does Canadian Public Policy Discourage Saving

question 28

Multiple Choice

Why does Canadian public policy discourage saving?

• A)because, other things the same, taxes increase the return from savings
• B)because means-tested programs such as Old Age Security provide greater benefits to those who saved
• C)because some forms of capital income are not taxed
• D)because capital gains are taxed heavily

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Definitions:

Syllogism Validity

The property of a syllogism whereby if the premises are true, the conclusion cannot logically be false.

Enthymeme

A syllogism or form of reasoning in which one of the premises is implicit or assumed rather than stated.

Missing Premise

a logical gap in an argument where an unstated or implied premise is necessary for the argument to hold.

Syllogism Validity

A measure of a syllogism's correctness in deducing the conclusion from two premises, based on the structure of the argument.