The Wealth Detective

The Wealth Detective

Assessment

Interactive Video

Business

University

Hard

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The video discusses wealth inequality in the U.S., highlighting that the top 0.1% controls a significant portion of wealth. It introduces a wealth tax proposal by Elizabeth Warren, supported by data from economist Gabriel Zucman. Zucman's analysis uses IRS data to provide a precise picture of wealth distribution. A tool, wealthtaxsimulator.org, allows users to explore different tax models. The video also covers potential revenue from the wealth tax and addresses criticisms, emphasizing the need for change due to the concentration of wealth and power.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the wealth tax aim to address economic inequality in America?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the proposed wealth tax rate on wealth above $50 million according to Senator Elizabeth Warren's plan?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What data did Doctor Zucman use to study wealth concentration in the U.S.?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the estimated revenue projections from the wealth tax over the next ten years?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do critics have regarding the implementation of a wealth tax?

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