1949 Taxes Repealed in Canada

The video discusses advancements in communication technology, such as long-distance phone calls and telegrams. It highlights increased tax exemptions in North America, specifically in Canada, where the Finance Minister announces the largest tax cut ever. The video also compares fiscal policies between the US and Canada, noting the interest of US Congress in Canada's budgetary decisions.

Which of the following is NOT mentioned as a communication method in the video?

• Long-distance phone calls

• Extension phones

• Telegrams

• Email

What is the new income tax exemption for single individuals in Canada?

• $1500

• $2000

• $1000

• $500

In which part of North America is the fiscal news considered good?

• United States

• Greenland

• Mexico

• Canada

Who announced the biggest tax cut ever in Canada?

• Canadian Finance Minister

• Canadian Prime Minister

• US Congress

• US President

How is the US Congress reacting to the Canadian tax cuts?

• Celebrating them

• Protesting against them

• Ignoring them

• Taking a close look