Sen. Hassan on Online Tax Protection for Small Business

Sen. Hassan on Online Tax Protection for Small Business

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The transcript discusses the Supreme Court's Wayfair decision and its impact on small businesses in New Hampshire, which lacks a sales tax. The decision requires businesses to collect sales taxes for other states, posing challenges. A proposed bill aims to exempt small businesses, prevent retroactive tax collection, and phase in the decision's impact. The political climate is also addressed, highlighting a divided Congress and potential government shutdown over border security. The discussion shifts to the 2020 presidential election, emphasizing New Hampshire's role and voter concerns like healthcare and education.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary concern for small businesses in New Hampshire regarding the Wayfair decision?

Increased competition from larger businesses

The need to implement new computer systems

The lack of a local sales tax

The burden of collecting sales tax for other states

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the proposed solutions to help small businesses cope with the Wayfair decision?

Implementing a federal sales tax

Providing tax credits for all businesses

Reducing state income tax

Exempting businesses with sales under $10 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent political change has occurred in Congress?

Democrats gained control of the Senate

Republicans gained control of both the House and Senate

Democrats gained control of the House

Republicans lost control of both the House and Senate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key issue causing tension between the President and Congress?

Education policy

Healthcare reform

Border security and the proposed wall

Tax reform

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the suggested approach to improve border security?

Building a continuous wall along the border

Increasing the number of immigration judges and personnel

Reducing the number of border patrol agents

Eliminating all physical barriers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent political victories have energized Democrats in New Hampshire?

Passing a new healthcare bill

Flipping the state House, Senate, and Executive Council

Winning the presidential election

Gaining control of the federal Senate

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the key concerns for New Hampshire citizens as the 2020 election approaches?

Environmental policies

Military spending

Economic security, healthcare, and education

International trade agreements