Greene, McKee on U.S. Tax Reform and Economic Growth

Greene, McKee on U.S. Tax Reform and Economic Growth

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses skepticism about the potential growth from tax reform, with references to Larry Summers' views. It highlights a divide among economists, with some conservative economists predicting more growth than others. The discussion also covers the impact of tax reform on various industries, noting that industries with higher effective tax rates, like retail and telecoms, may benefit more.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between hard data and soft data in the context of economic growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised by economists regarding the letter that suggested higher growth due to tax reform?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the general consensus among most economists regarding additional growth due to tax reform?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What potential impact does the speaker foresee regarding the expiration of stimulus programs and tax cuts for individuals?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the speaker believe different industries will be affected by changes in tax rates?

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