Cohn Says 'Confident' Tax Plan Grows GDP, Shrinks Deficit

Cohn Says 'Confident' Tax Plan Grows GDP, Shrinks Deficit

Assessment

Interactive Video

Business

University

Hard

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The video discusses a tax plan aimed at stimulating economic growth over a 10-year period. It highlights the potential of a 1% GDP growth to reduce the deficit by $3 trillion. The plan encourages front-end investment by allowing companies to write off 100% of capital investments in the first five years. The goal is to bring American companies back to the US, create jobs, and achieve long-term economic benefits. The discussion emphasizes the importance of quick implementation to maximize returns.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of front-end investment in the context of the tax plan?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the timeline of investment affect the return on investment for companies according to the discussion?

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