Grover Norquist Talks Tax Reform

Grover Norquist Talks Tax Reform

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the history and impact of tax rates in the US, comparing them with global competitors. It explores Hauser's Law, which suggests a consistent tax revenue percentage of GDP, and examines the relationship between tax policy and economic growth. The discussion also covers the implications of a global minimum tax and its potential effects on innovation and competition.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the trend in federal revenues as a percentage of GDP since 1985?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the corporate income tax reduction in 2017 affect U.S. competitiveness?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the relationship between taxation and innovation as discussed in the text.

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Hauser's Law and how does it relate to taxation in the United States?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of tax rates on economic growth based on historical examples mentioned.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of implementing a global minimum tax?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What constitutional concerns are raised regarding the taxation of unrealized gains?

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