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I need help with this question please (Last Word) Which of the following statements about taxes and government spending is correct? O 1) Despite the

I need help with this question please

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(Last Word) Which of the following statements about taxes and government spending is correct? O 1) Despite the overall progressive tax system, government expenditures disproportionately favor the rich and result in a system that is slightly regressive. ( 2) The progressive tax system is almost perfectly offset by regressive expenditures, making the overall system proportional. ( 3) The regressive tax system is offset by expenditures directed toward lower- income households, making the overall system proportional. O 4) The overall system of taxes and spending is progressive, as over $1 trillion per year gets transferred from upper-income households to lower- and middle- income households

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