Minerd: Taking Capital Gains Incentives Away Is 'Insanity'

Minerd: Taking Capital Gains Incentives Away Is 'Insanity'

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic implications of taxation policies, particularly focusing on the effects of taxing the wealthy and capital gains at the same rate as wage income. It highlights the importance of tax incentives for capital investment, which can create jobs and improve living standards. The speaker argues against removing these incentives, labeling it as poor policy. Additionally, the video addresses the potential economic disruptions caused by raising taxes and not reinstating the SALT deduction, which may encourage wealthy individuals and businesses to relocate to states with lower taxes like Texas and Florida.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on tax cuts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the taxation of capital gains compared to wage income?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of removing tax incentives for capital investment according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the speaker believe raising taxes will have on wealthy individuals and businesses?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that tax policy could disrupt the economy?

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