How Will Trump Tax Reform Be Paid For?

How Will Trump Tax Reform Be Paid For?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the proposed 15% corporate tax rate by Donald Trump, highlighting the challenges of achieving revenue neutrality. It explores the debate between growth and deficit concerns, referencing the Laffer Curve and historical tax cuts under Reagan and Bush. The limitations of tax cut theories are examined, with insights from Greg Mankiw on potential revenue recovery.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the challenges of achieving revenue neutrality through growth as suggested by Steve Mnuchin.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the outcomes of tax cuts during President Ronald Reagan's administration?

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