Minerd: Taking Capital Gains Incentives Away Is 'Insanity'
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's initial stance on tax cuts?
Not all tax cuts are beneficial.
All tax cuts are beneficial.
Tax cuts should be avoided.
Tax cuts are irrelevant to the economy.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does the speaker believe taxing capital gains at the same rate as wage income is problematic?
It discourages saving.
It reduces government revenue.
It increases inflation.
It removes incentives for capital investment.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest is the result of removing tax incentives for capital investment?
Economic stability.
Higher living standards.
Policy sanity.
Increased unemployment.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential consequence of not reinstating the SALT deduction according to the speaker?
Encouraging business relocations.
Decreased economic growth.
Higher inflation rates.
Increased tax revenue.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which states are mentioned as potential relocation destinations for businesses?
Texas and Florida.
California and New York.
Nevada and Arizona.
Illinois and Ohio.
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