Rep. Hensarling Says Tax Trigger a 'Uniquely Bad Idea'

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Business, Social Studies
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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
What is the primary reason for the conference mentioned in the first section?
To celebrate the passing of the bills
To discuss international trade agreements
To introduce new tax policies
To reconcile differences between the two bills
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the state and local tax deduction important to some members?
It is a major source of state revenue
It helps in reducing federal taxes
It supports local businesses
It is a popular public policy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern about the tax trigger?
It complicates tax filing for individuals
It benefits only large corporations
It is considered bad public policy
It increases the tax rate unpredictably
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the speaker view the relationship between tax cuts and economic growth?
Tax cuts only benefit the wealthy
Tax cuts have no impact on economic growth
Tax cuts can stimulate economic growth
Tax cuts lead to economic decline
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which historical tax cuts are mentioned as examples of increasing revenue?
The Johnson tax cuts
The Reagan, Kennedy, and Coolidge tax cuts
The Bush tax cuts
The Clinton tax cuts
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