GE CEO Sees U.S. Economy in Investment Recession

The video discusses corporate tax reform, emphasizing the need for simplification and global competitiveness. It highlights the differing perspectives of businesses like GE and Walmart on tax policies and regulations. The impact of regulations on small versus large businesses is explored, with a focus on globalization strategies and the role of multinationals in navigating complex global markets.

What is one of the main reasons for advocating tax reform in the United States?

• To reduce government revenue

• To simplify the tax code and encourage repatriation of capital

• To increase the complexity of tax regulations

• To increase consumer spending

How do regulations impact small businesses compared to large corporations?

• They have no impact on small businesses

• They benefit small businesses more

• They are more burdensome for small businesses

• They equally affect both small and large businesses

What is a challenge faced by small companies in the context of globalization?

• They struggle to globalize due to complex regulations

• They have more resources than large corporations

• They can easily establish local teams worldwide

• They benefit from free trade agreements

What is a proposed solution to the corporate tax headache of offshore capital?

• Imposing additional taxes on offshore capital

• Keeping the current tax policy unchanged

• Reducing the corporate tax rate and eliminating deductions

• Increasing the corporate tax rate

Why do multinational companies like GE have cash overseas?

• To avoid paying taxes

• Because they conduct business and sell products overseas

• To invest in foreign real estate

• To hide profits from the government