What is one of the main concerns about Bernie Sanders' financial transaction tax proposal?
Why a Financial Transaction Tax Could Be Devastating for Main Street Investors

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It would decrease the number of available investment options.
It would primarily affect large corporations.
It would increase the cost of trading for Main Street investors.
It would only apply to international transactions.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much could a $100,000 401K account potentially cost over 40 years due to the financial transaction tax?
$200,000
$10,000
$64,000
$130,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential market reaction to the financial transaction tax on 401K accounts?
More investment options
Increased trading frequency
Reduced trading frequency
Higher investment returns
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical fact is mentioned about the financial transaction tax in the U.S.?
It was never implemented in the U.S.
It was repealed as bad tax policy in 1965.
It was introduced in 1980.
It is currently in effect.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which senator is associated with the mark-to-market tax proposal?
Senator Sanders
Senator Warren
Senator Schatz
Senator Wyden
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of the mark-to-market tax proposal?
To increase corporate taxes
To reduce the national debt
To tax unrealized capital gains
To eliminate income tax
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What political division is highlighted in the discussion of taxation proposals?
Between the Senate and the House
Between Republicans and Democrats
Within the Democratic Party
Within the Republican Party
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