GOP Says Corporate Tax Hike in Biden Admin. Plan Will Eliminate Jobs

GOP Says Corporate Tax Hike in Biden Admin. Plan Will Eliminate Jobs

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The Biden administration's $2 trillion jobs plan aims to boost electric vehicles and modernize infrastructure. Critics argue that only 5% of the plan targets traditional infrastructure, labeling it a tax hike that could slow GDP and cause job losses. Officials defend the plan, emphasizing the need for a 21st-century infrastructure definition. The plan proposes reversing Trump-era corporate tax cuts, which some believe will hinder job creation. Public opinion is divided, with mixed support for the broader plan.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of the Biden administration's plan is estimated to go directly to traditional infrastructure projects?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential economic consequences mentioned regarding the Biden administration's plan?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the speaker suggest that the definition of infrastructure should be upgraded?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the Biden administration's infrastructure plan relate to corporate tax rates?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the public opinion on President Biden's wider infrastructure plan according to the Reuters Ipsos poll?

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