Tax the rich more - or was that less?

Tax the rich more - or was that less?

Assessment

Interactive Video

Religious Studies, Other, Social Studies, Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the increase in tax contributions from the wealthy between 1978 and 2001, highlighting a significant rise from 11% to 22%. It examines Polly Toynbee's proposal to tax high earners more, estimating a potential revenue of 7 billion pounds. However, the Institute for Fiscal Studies suggests that behavioral changes, such as tax avoidance, evasion, reduced work effort, and emigration, could significantly impact the expected revenue. The video also addresses tax inequality, emphasizing the obligations of the wealthy to contribute fairly to society.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significant change in tax rates mentioned in the text?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to Polly Toynbee, how much additional tax could be generated from those earning over 100,000?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the four ways mentioned in the text that people might change their behavior in response to tax increases?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the implication of wealthy individuals potentially leaving the country due to tax changes?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the relationship between wealth and obligations in society?

Evaluate responses using AI:

OFF