Former CFTC Commissioner Sees 0% Chance of Tax Reform

The video discusses the challenges and political dynamics surrounding tax reform in Washington. It highlights the bleak prospects of passing tax reform due to internal GOP conflicts and the need for bipartisan cooperation. The discussion also covers the GOP's strategy for the upcoming midterm elections and the economic implications of budget issues. Additionally, the video touches on the political climate and the extent of deregulation efforts.

What is the main reason the speaker believes tax reform is unlikely to happen this year?

• Support from Democrats

• Opposition from the President

• Insufficient majority in the Senate

• Lack of political will

What is the potential consequence for GOP senators not aligning with the President?

• Loss of party membership

• Primary challenges in elections

• Increased support from Democrats

• Financial penalties

What is 'dynamic scoring' in the context of tax reform?

• A way to calculate tax deductions

• A strategy to increase federal revenue

• A method to predict economic growth

• A technique to reduce the deficit

What is the irony mentioned about the Republicans' stance on fiscal conservatism?

• They are opposing tax cuts

• They are using dynamic scoring despite fiscal conservatism

• They are advocating for increased spending

• They are supporting Democratic policies

What is the speaker's view on the current state of bipartisan cooperation?

• It is improving steadily

• It is stronger than ever

• It has significantly degraded

• It remains unchanged

Which senators are mentioned as being able to work across the aisle?

• Flake, Corker, and McCain

• Ronald Reagan and Tom Daschle

• John McCain and Tip O'Neill

• Bob Corker and Jeff Flake

What is the speaker's opinion on the impact of deregulation?

• It is slowing down business

• It is not as significant as claimed

• It is harming the financial sector

• It is boosting the economy