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Essay Advice – University of Pennsylvania’s Wharton School
Jun 30, 13:01 PM Comments [0]
Wharton’s 2021-22 essay questions are out and offer a fresh twist on last year’s questions! As in prior years, their prompts are direct and allow enough word count to paint a robust picture of who you are and why Wharton is right for you (and vice versa). As such, I often recommend that my clients tackle this application first. The deadlines are also early in each round, which lends additional credence to this approach.
If you’re considering applying to Wharton, here is what you need to know:
Report: Bipartisan infrastructure deal would give a bigger boost to economy than Biden plan Maureen Groppe, USA TODAY
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WASHINGTON – The bipartisan infrastructure deal that President Joe Biden embraced last week would add hundreds of billions of dollars to the economy by 2050, in contrast to the economic drag of his original proposal, according to a new analysis.
The difference is the corporate taxes that Biden proposed raising when he laid out his initial infrastructure plan, which are not part of the bipartisan agreement.
Biden argued his proposal would create good jobs and strengthen the economy while making corporations pay their fair share.
Fewer potholes and rail service interruptions, when summed over years, increase U.S. economic activity and encourage further investment from the private sector.
The projected uptick in GDP and concurrent reduction to the national debt, though fairly modest, are likely welcome news to the Democrats and Republicans who brokered the agreement with the White House.
The entire package endorsed by the bipartisan group of senators and the Biden administration authorizes $1.2 trillion of spending over the next five years. The incremental $579 billion includes more than $300 billion for transportation projects, while $266 billion would be allocated to digital, disaster, environmental and energy infrastructure investments.
WASHINGTON – The bipartisan infrastructure deal that President Joe Biden embraced last week would add hundreds of billions of dollars to the economy by 2050, in contrast to the economic drag of his original proposal, according to a new analysis.
The difference is the corporate taxes that Biden proposed raising when he laid out his initial infrastructure plan, which are not part of the bipartisan agreement.
Biden argued his proposal would create good jobs and strengthen the economy while making corporations pay their fair share.
But economists at the University of Pennsylvania’s Wharton School calculated the higher taxes would decrease firms’ incentives to invest and disincentivize saving by households.