Sen. Wyden on Online Sales Tax Bill, Trade, Michael Cohen

Sen. Wyden on Online Sales Tax Bill, Trade, Michael Cohen

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses potential challenges with online sales tax, focusing on the Shaheen bill aimed at protecting small businesses from a 'sales tax Armageddon.' It highlights the role of governors in tax collection and the legislative hurdles faced. The discussion shifts to US-China trade relations, emphasizing the impact of tariffs and the Huawei situation. The video also covers the USMCA agreement, its potential ratification, and economic implications. Finally, it addresses Michael Cohen's legal issues and their impact on the President, with a focus on Senate Intelligence Committee proceedings.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary concern regarding the implementation of online sales tax?

It will only affect large corporations.

It will reduce government revenue.

It might lead to a 'sales tax Armageddon' for small businesses.

It will increase the cost of goods.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Shaheen bill primarily concerned with?

Reducing corporate taxes.

Protecting small businesses from retroactive tax hits.

Increasing tariffs on imported goods.

Eliminating sales tax exemptions.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the President's intervention in the Huawei situation controversial?

It will strengthen U.S.-China relations.

It could lead to increased tariffs.

It will reduce trade deficits.

It might politicize national security and law enforcement decisions.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern about the President's approach to trade?

He relies solely on tariffs as a trade tool.

He wants to eliminate all tariffs.

He focuses only on domestic trade.

He ignores international trade agreements.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential issue with the USMCA ratification?

Over-reliance on tariffs.

Lack of economic analysis.

Excessive support from Congress.

Too many environmental regulations.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key concern regarding Michael Cohen's testimony?

He testified publicly without any issues.

He may have testified falsely to Congress.

He refused to testify before the Intelligence Committee.

He was completely exonerated.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the discussion about Michael Cohen imply for the President?

It shows the President's disinterest in legal matters.

It confirms the President's innocence.

It raises questions about the President's involvement.

It suggests the President has strong support.