GOP Going Out to Sell Tax Plan to Public

GOP Going Out to Sell Tax Plan to Public

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the unpopularity of a tax bill and the PR challenges faced by Republicans. Despite the bill's unpopularity, Republicans achieved significant legislative milestones in 2017, including tax cuts, regulation changes, and judicial appointments. Communication issues are highlighted, particularly regarding the middle-income tax savings and the carried interest loophole. The tax bill's impact on different income groups is analyzed, noting that while middle-income earners receive tax cuts, the largest benefits go to high earners and corporations. The temporary nature of individual tax cuts and the permanent corporate tax cut are also discussed.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the significant achievements mentioned in the first section despite the tax bill's unpopularity?

The increase in corporate tax rates

The reduction of military spending

The removal of the Obamacare individual mandate

The introduction of new healthcare reforms

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Gary Cohn, which group is said to receive the largest percentage of tax savings?

High-income earners

Low-income families

Middle-income Americans

Corporations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change was made to the carried interest loophole in the tax bill?

It was completely eliminated

The holding period was extended from one year to three years

It was expanded to include more investors

The tax rate was increased

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group benefits the most from the tax cuts according to the third section?

Small businesses

Corporations and high earners

Middle-income earners

Non-profit organizations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are the individual tax cuts temporary, as mentioned in the third section?

To comply with the Senate Byrd Rule

To encourage short-term economic growth

To balance the federal budget

To reduce the national debt