Eliminating double-taxation would likely

A) raise saving and primarily benefit people with lower incomes.
B) raise saving but primarily benefit people with higher incomes.
C) reduce saving but primarily benefit people with lower incomes.
D) reduce saving and primarily benefit people with higher income.

Double-Taxation

The taxation of the same income or financial transaction at two different levels, such as corporate profits and then again when distributed as dividends to shareholders.

Saving

Saving refers to the portion of income that is not spent on current consumption but preserved for future use, often by depositing in banks or investing.

Lower Incomes

Refers to the segment of the population or individuals who earn comparatively less money relative to the median income.