Making SALT Deduction Permanent Is Not Good Policy, Rep. Zeldin Says

Making SALT Deduction Permanent Is Not Good Policy, Rep. Zeldin Says

Assessment

Interactive Video

Business, Health Sciences, Social Studies, Performing Arts, Biology

University

Hard

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The video discusses the high state and local taxes in certain jurisdictions and the political accountability surrounding these issues. It covers the economic impact of a recent tax bill, highlighting benefits like low unemployment and high consumer confidence. The debate over making tax cuts permanent, including the SALT deduction, is explored. The video also examines the effect of SALT limitations on property values and the political implications for upcoming elections.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason the speaker gives for the high state and local taxes in their jurisdiction?

The need for more government programs

Inefficiencies in government operations

A recent increase in federal taxes

A decrease in local business activity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker describe the current state of the economy?

Stagnant with no growth

Facing a recession

Experiencing historic lows in unemployment

Struggling with high unemployment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's opinion on making the SALT deduction change permanent?

It should be eliminated completely

It should be increased for high-income earners

It should be phased down over time

It should be made permanent immediately

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does the speaker claim the SALT limitations have on property values in Suffolk County?

Property values are decreasing

Property values are increasing

Property values are fluctuating wildly

Property values are stagnant

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's approach to the upcoming election?

Avoiding public appearances

Focusing only on loyal supporters

Encouraging maximum voter participation

Assuming victory is guaranteed