What are the main goals of the upcoming tax reform bill?
Rep. Blackburn Says GOP Tax Bill May Keep SALT Deduction

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Business, Social Studies, Other
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To raise taxes on businesses
To make the tax system flatter, fairer, and simpler
To eliminate all tax deductions
To increase the number of tax brackets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one potential change mentioned regarding state and local tax deductions?
No changes to the deduction
Doubling the deduction
Introduction of a cap on the deduction
Complete elimination of the deduction
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many tax brackets are expected in the new tax reform?
Four
Three
Two
Five
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the concern regarding 401K's in the tax reform discussion?
Contributions will be taxed upfront
They will have higher contribution limits
They will be eliminated
They will be merged with other retirement plans
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the public's stance on the tax reform according to the discussion?
They oppose any changes
They demand quick action for tax relief
They want it delayed
They are indifferent
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