Steve Bannon's Plan to Tax Top Earners

Steve Bannon's Plan to Tax Top Earners

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Steve Bannon's proposal for a 44% tax on individuals earning $5 million or more annually. This unprecedented suggestion from a White House strategist has not been well-received by Republicans, reminiscent of George HW Bush's tax increase. The proposal aims to counteract the unpopular Republican healthcare plan by suggesting a tax increase on high earners, potentially breaking the Senate's legislative deadlock. While the proposal is unlikely to be implemented, it highlights a strategic move to shift focus towards the middle class.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What tax proposal did Steve Bannon float regarding high earners?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the proposal for a tax increase been received within the White House and Capitol Hill?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the political significance of Bannon's proposal in relation to the Republican health care plan?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is the approval rating of the latest version of the tax bill considered low?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact could a small tax increase on high earners have on Trump's political narrative?

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