President Biden's Speech to Congress In Under a Minute

The video discusses the role of the middle class and unions in building the country, emphasizing the need for billionaires and millionaires to pay their fair share of taxes. It highlights the importance of closing tax loopholes and reforming corporate taxes to ensure fairness. The IRS will focus on cracking down on tax evasion by the wealthy, and corporate America, along with the wealthiest 1%, should contribute their fair share to the economy.

Who is credited with building the country according to the video?

• Large corporations

• The government

• The middle class and unions

• Wall Street

What is the stance on becoming wealthy as mentioned in the video?

• It is acceptable but should come with fair tax contributions

• Only billionaires should be allowed

• It should be heavily taxed

• It should be discouraged

What is the proposed action against tax loopholes?

• To create more loopholes

• To eliminate them

• To increase them

• To ignore them

Who is targeted for tax reforms according to the video?

• Middle-class families

• Non-profit organizations

• Small businesses

• Corporations and the wealthiest 1%

What is the IRS's role in the proposed tax reforms?

• To reduce taxes for corporations

• To ignore tax discrepancies

• To crack down on tax evasion by the wealthy

• To increase taxes for everyone