Tax Revenue and Social Programs

The video discusses reforming the tax system by increasing taxes on billionaires, which could generate significant revenue to address national debt and fund social programs like childcare and healthcare. It also touches on healthcare improvements related to COVID-19 and includes political commentary on past actions affecting Medicare and Medicaid.

What is the current tax rate paid by billionaires in America?

• 24%

• 25%

• 15%

• 8.2%

How many billionaires are there in America according to the video?

• 2,000

• 1,500

• 500

• 1,000

What is the potential revenue that could be raised if billionaires paid 24% or 25% in taxes?

• $500 trillion

• $500 million billion

• $500 million

• $500 billion

Which of the following is NOT mentioned as a benefit of increased tax revenue?

• Strengthening the military

• Childcare

• Elder care

• Strengthening the healthcare system

What did President Trump do to Medicaid according to the video?

• Beat it to death

• Ignored it

• Expanded it

• Improved it

What is being destroyed according to the video?

• Medicare

• Social Security

• Education System

• Infrastructure