How do modern Democrats and Republicans view taxation?

Question

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1 point
Democrats tend to favor tax increases to support new social programs more than Republicans.
Republicans tend to favor tax increases to support new social programs more than Democrats
. Democrats tend to favor tax decreases, while Republicans tend to favor keeping tax rates the same.
Republicans tend to favor tax increases, while Democrats tend to favor keeping tax rates the same.

Answer 1

The correct statement is:

Democrats tend to favor tax increases to support new social programs more than Republicans.

Modern Democrats generally advocate for higher taxes on the wealthy to fund social programs and reduce income inequality, whereas Republicans tend to prioritize tax cuts and reducing government spending.