A new presidential administration and a new political party holding a voting majority in the U.S. Senate heighten the uncertainty for U.S. executives. While it’s unlikely Congress will pass any new taxes during the pandemic, the situation deserves watching. How closely have you been following the early days of the Biden administration?
A. Secretary of the Commerce Department
B. President of the World Bank
C. Chair of the White House Council of Economic Advisers
D. President of the New York Federal Reserve Bank
A. December 2021
B. September 2021
C. February 2022
D. June 2022
A. Chief of the Small Business Administration
B. National Security Adviser
C. Surgeon General
D. Director of the National Economic Council
A. Raise the top corporate income tax rate
B. Tax capital gains and dividends at ordinary rates for high earners
C. Tax profits earned from foreign subsidiaries at 39%
D. Impose a 15% minimum tax on book income
A. A third iteration of the Paycheck Protection Program, for midsize companies
B. A $200 per month Social Security increase
C. Two weeks paid leave for all heath care workers
D. Temporary income tax relief for all low-income workers
A. Katherine Tai
B. Ngozi Okonjo-Iweala
C. Amy Celico
D. Michael Kantor
A. Marty Walsh
B. Gina Raimondo
C. Jennifer Granholm
D. Gretchen Whitmer
Answers: 1-C; 2-C; 3-B; 4-C; 5-B; 6-A; 7-D; 8-B