Yarmuth Says Trump Tax Plan Will Exacerbate Inequities

The transcript discusses concerns about a proposal that may increase economic inequities and national debt. It highlights the goal of economic growth through infrastructure and tax code changes. While some benefits for less wealthy individuals are acknowledged, concerns about the deficit and insufficient revenue offsets are raised.

What is a major concern about the proposed plan discussed in the first section?

• It will reduce the national debt significantly.

• It will increase economic inequality.

• It will primarily benefit lower-income Americans.

• It will lead to a decrease in corporate profits.

What is the primary goal of the proposal according to the second section?

• To increase government spending.

• To stimulate economic growth.

• To reduce taxes for all Americans.

• To decrease unemployment rates.

What is considered the most assured way of achieving growth as discussed in the second section?

• Reducing corporate taxes.

• Implementing a serious infrastructure program.

• Increasing interest rates.

• Cutting social welfare programs.

Which proposal in the third section is seen as beneficial for lower and moderate-income individuals?

• Reducing the national deficit.

• Doubling the standard deduction.

• Increasing corporate tax rates.

• Eliminating all tax deductions.

What is a challenge mentioned in the third section regarding the proposal's cost?

• Reducing government spending.

• Raising taxes on middle-income families.

• Increasing the national debt.

• Finding enough revenue to offset the cost.