EY CEO Weinberger on Advising Trump, U.S. Tax Policy

The transcript covers discussions at the Milken Conference, focusing on President Trump's strategic policy forum, comparing his approach to previous presidents, and exploring topics like infrastructure, gas tax, reciprocal tax, and trade. It also delves into Trump's tax plan, deductions, and the future of jobs with technological advancements.

What is a key characteristic of President Trump's approach in the strategic policy forum?

• He discourages disagreement.

• He is disengaged and passive.

• He is outcome-oriented and engaged.

• He avoids setting agendas.

What is the main purpose of the proposed gas tax discussed in the video?

• To lower fuel consumption.

• To fund infrastructure development.

• To reduce carbon emissions.

• To increase government revenue.

How does the Trump tax plan propose to handle deductions for the wealthy?

• By maintaining the current deductions.

• By eliminating them entirely.

• By increasing them significantly.

• By doubling them for all taxpayers.

What is the reciprocal tax intended to address according to the discussion?

• General tax reduction for all goods.

• Specific high taxes on US goods abroad.

• Broad-based tariffs on imports.

• Increased taxes on luxury items.

What is a potential challenge with lowering the tax rate for pass-through businesses?

• It might encourage individuals to reclassify income.

• It could lead to increased corporate taxes.

• It could lead to a decrease in business investments.

• It would reduce government revenue significantly.

What is a significant change expected in the future of jobs at EY?

• Integration of robots alongside human workers.

• A decrease in the use of technology.

• A reduction in the number of employees.

• An increase in repetitive manual tasks.

How is the future workforce at EY expected to change?

• Technology will replace all human roles.

• There will be less need for human judgment.

• Work will be disaggregated into tasks.

• Jobs will become more repetitive.