Question

Please answer quickly, I only have 20 mins left to submit this assignment.

Question 38 (1 point) - 38. U.S. public policy discourages saving because O other things the same, taxes increase the return from savings. O means tested programs such as Medicaid provide lower benefits to those who did not save. Onone of parents' bequest to their children is taxed. O some forms of capital income are taxed twice. Question 39 (1 point) 39. Because of _________ the real value of a $1200 stimulus check is highest in

Answer 1

Ans: some forms of capital income are taxed twice.

Explanation:

In U.S. there is a system of double taxation. Double taxation means both the profits of corporations and the dividends shareholders receive are taxed. So, U.S. public policy discourages saving.