Alan Auerbach dice que se malentendió el impuesto de ajuste en frontera

Alan Auerbach dice que se malentendió el impuesto de ajuste en frontera

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the Border Adjustment Tax, its initial reception, and the political challenges it faced, particularly in the Senate. The proposal was dropped due to skepticism and the desire to avoid another contentious battle. A Plan B involving modifications was suggested, but time constraints were a challenge. Currency adjustments were also discussed, with historical context provided to understand the plan's potential impact.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is known as the father of the Border Adjustment Tax?

A professor from MIT

A professor from Harvard

A professor from Stanford

A professor from the University of California, Berkeley

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major reason for the Border Adjustment Tax being dropped from the House proposal?

Lack of public support

Contention and skepticism in the Senate

Insufficient economic benefits

Opposition from the President

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the original plan proposed by Paul Ryan and Kevin Brady regarding the tax?

Implementation with no transition period

Modification with phase-in and transition relief

Immediate implementation without changes

Complete removal of the tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a necessary economic adjustment mentioned to make the Border Adjustment Tax work?

Adjustment of the dollar value

Increase in interest rates

Increase in exports

Reduction in government spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it difficult to predict the reaction to the Border Adjustment Tax?

Insufficient data on past tax reforms

Lack of historical precedent

Too many variables in the economy

Unpredictable political climate