Retail CEOs Renew Border-Tax Fight

Retail CEOs Renew Border-Tax Fight

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a meeting about the border adjustment tax, highlighting concerns from Mnuchin and opposition in the Senate. It explores the potential impact on jobs and the retail sector, with varying perspectives from business leaders. The border adjustment tax is seen as a key component of tax reform, despite its controversial nature.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did Mnuchin reiterate regarding border adjustment?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the retailers' stance on the border adjustment tax?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Mitch McConnell describe his position on tax reform?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact do opponents of the border adjustment tax claim it will have on consumer prices?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What do business leaders think about the border adjustment tax according to the text?

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