Gov. McAuliffe Says Time Is Right for Massive Tax Reform

Governor Terry McAuliffe discusses the need for bipartisan support in tax reform, emphasizing economic growth and job creation. He expresses concerns about the border adjustment tax and its impact on Virginia's economy, particularly in agriculture and trade. McAuliffe also addresses the negative effects of recent immigration policies on the state's economy and advocates for a welcoming approach. Finally, he outlines the future direction of the Democratic Party, focusing on economic expansion, job creation, and education.

What is one of the key goals Governor McAuliffe mentions for tax reform?

• Repatriating overseas money to create jobs

• Eliminating all deductions

• Raising taxes on the wealthy

• Increasing government spending

What does Governor McAuliffe believe is essential for successful tax reform negotiations?

• Maintaining the current tax code

• Focusing only on state-level tax issues

• Compromise and open discussion on all issues

• Avoiding any discussions on deductions

Why is Governor McAuliffe concerned about the border adjustment tax?

• It could increase state taxes

• It might negatively impact Virginia's agriculture and trade

• It would lead to higher consumer prices

• It could reduce federal funding for Virginia

What impact does Governor McAuliffe fear from new immigration policies?

• Increased tourism

• A boost in local businesses

• A chilling effect on the economy

• Higher employment rates

What does Governor McAuliffe suggest should be the focus of the Democratic Party?

• Economic expansion and job creation

• Social issues

• Healthcare reform

• Foreign policy

How does Governor McAuliffe describe Virginia's approach to business?

• Dependent on federal support

• Open and welcoming

• Closed and restrictive

• Focused only on local markets

What historical event does Governor McAuliffe reference to emphasize America's immigrant roots?

• The signing of the Declaration of Independence

• The founding of the AFL-CIO

• The arrival of three ships from England in 1607

• The Boston Tea Party