Biden Says He's Not 'Anti-Corporate'

The transcript discusses the need for corporations to pay their fair share of taxes, highlighting that 50 corporations made $40 billion without paying taxes. It emphasizes the importance of economic choices that benefit the working class and proposes tax breaks for them. An example is given where asking the top 1% to pay the same tax rate as in 2001 could generate $13 billion annually, enough to fund two years of free community college for all American students. The discussion concludes with a call for fair taxation to promote economic growth, beyond political affiliations.

What is the main issue discussed regarding corporations in the first section?

• Corporations are receiving too many subsidies.

• Corporations are not paying any taxes.

• Corporations are being unfairly targeted.

• Corporations are paying too much in taxes.

What is the proposed tax rate for the top 1% according to the speaker?

• The same rate as in 1990.

• The same rate as in 2001.

• A new rate of 45%.

• A reduced rate of 30%.

How much additional revenue is expected from the proposed tax rate for the top 1%?

• $15 billion a year.

• $20 billion a year.

• $13 billion a year.

• $10 billion a year.

What educational benefit is mentioned as a use for the additional tax revenue?

• Free textbooks for all students.

• Free high school education.

• Free online courses for everyone.

• Free community college for two years.

What is the speaker's perspective on the economic choices discussed?

• They should prioritize America's growth.

• They should only benefit the wealthy.

• They should be based on political affiliation.

• They should focus on short-term gains.