Winners and Losers From GOP Tax Proposals

Winners and Losers From GOP Tax Proposals

Assessment

Interactive Video

Business

University

Hard

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The video discusses a corporate tax proposal that reduces tax rates from 35% to 20%, shifting from a worldwide to a territorial tax system. This plan benefits US corporations and foreign investors, potentially leading to a half-trillion-dollar windfall. However, the proposal faces challenges in Congress due to its high cost and opposition from various interest groups.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two largest pieces of the corporate tax proposal mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much of a windfall might foreign investors see from the proposed tax plan?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated loss in revenue from corporate tax cuts over 10 years?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the corporate tax rate cut in the proposed plan?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors could influence whether the tax plan is enacted or not?

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