Langone Says Border Adjustment Tax Will Be Great for U.S.

The transcript discusses the challenges of setting priorities in politics, particularly for President Trump. It highlights the complexities of political processes, such as Senate voting rules, and their impact on market reactions. The discussion also covers the intricacies of tax and healthcare reforms, emphasizing the need for a business-friendly environment. The potential benefits of a border adjustment tax and economic growth are also explored.

What analogy is used to describe the challenge of setting priorities in politics?

• A puzzle

• A chess game

• A marathon

• A buffet

What was the impact of the 60-vote rule in the Senate?

• It made passing bills more difficult

• It was only relevant for tax reform

• It simplified passing bills

• It had no impact

What is the market's reaction based on, according to the transcript?

• Hope for stimulus and tax reform

• Changes in the weather

• International trade agreements

• New technological advancements

Why is healthcare reform considered important for tax reform?

• It is a source of funding for tax reform

• It is unrelated to tax reform

• It provides a model for tax reform

• It simplifies the tax code

What is the potential benefit of the border adjustment tax mentioned in the transcript?

• It will have no effect

• It will increase economic growth

• It will complicate trade agreements

• It will decrease economic growth