President Obama Issues a Call to Action for U.S. Congress

The video discusses the need for economic growth in lagging regions like Europe, Japan, and China, and highlights the importance of strengthening positive trends in the U.S. economy. It advocates for infrastructure investment to create jobs and boost the economy, raising the minimum wage to increase consumer spending, and passing smart trade agreements to level the playing field for American workers. Additionally, it calls for tax code reform to close loopholes and ensure everyone pays their fair share, which would promote growth and job creation.

What are the proposed changes to the tax code mentioned in the text?

What is the impact of wealthy individuals and corporations not paying their fair share of taxes?