Banks Target Black and Latino Communities for Sub-Prime Mortgages, Says Emory Prof.

Banks Target Black and Latino Communities for Sub-Prime Mortgages, Says Emory Prof.

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses various tax policies, including those proposed by Trump and Biden, and their impact on wealth inequality. It highlights the Reagan Tax Reform Act of 1986 and its relevance today. The discussion extends to real estate inequality, the role of the Fed and tax code in addressing inequality, and challenges in credit access for black communities. The conversation concludes with a debate on capitalism's potential to serve the underbanked and create an inclusive economy.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of President Trump's proposed tax policy?

Increasing taxes on the middle class

Eliminating taxes on dividends

Providing a tax cut for capital gains

Reducing taxes for low-income earners

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Joe Biden's tax plan propose to treat capital gains income?

Tax it at a lower rate than wage income

Tax it the same as wage income for those earning over $1,000,000

Increase taxes on all capital gains

Eliminate taxes on capital gains entirely

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What change did the Bush tax cuts introduce regarding dividends?

Taxed dividends the same as interest on savings

Eliminated taxes on dividends

Taxed dividends the same as capital gains

Increased taxes on dividends

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the income threshold for higher taxes under the Obama tax plan?

$500,000

$750,000

$1,000,000

$250,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is suggested as a solution to increase homeownership among black and Latino communities?

Offering low-interest loans

Reducing property taxes

Providing down payment assistance

Increasing tax subsidies for homeownership

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the relationship between the Federal Reserve's policies and tax policies in addressing inequality?

They should be combined for effective results

They are unrelated

Only tax policies matter

They should be considered separately

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key issue in the banking system that affects credit access for black and Latino communities?

Excessive regulation

Lack of banking facilities

High interest rates for all

Targeting with subprime mortgages