Mario Gabelli Says Tax Bill a Blessing to Small Companies

Mario Gabelli Says Tax Bill a Blessing to Small Companies

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the impact of a new tax bill on small companies, large corporations, and the overall economy. It highlights the benefits for small businesses, the strategies of large corporations to manage taxes, and the potential for America to become a job magnet. The fairness of the tax reform is questioned, particularly in relation to different economic classes. The discussion also covers the effects of stock ownership on the economy and critiques the carried interest loophole.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential effects on small companies in America if the president signs the tax reform bill?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do large corporations like Amazon and Apple manage their taxes according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about the fairness of the tax reform for the general public?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the earned income credit mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the issue with carried interest as discussed in the text?

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