IHS Vice Chair Yergin Explores Trump's Tax Plans

The video discusses key economic topics such as tax reform, deregulation, and infrastructure development. It highlights the complexities of corporate tax changes, including the border adjustment tax, and the need for economic growth to fund these reforms. The discussion also touches on the optimism among businesses and the potential benefits of deregulation and rationalization of regulations.

What are the main challenges discussed in relation to tax reform and regulation?

• Lack of interest from Congress

• Contradictory regulations and multiple authorities

• High consumer demand

• Insufficient corporate support

How does the border adjustment tax affect companies?

• It creates a shift in winners and losers

• It simplifies tax calculations

• It has no impact on consumers

• It benefits all companies equally

What is a potential benefit of lowering the corporate tax rate?

• Reduced consumer spending

• Decreased competitiveness

• Higher economic growth

• Increased regulatory burden

What is driving the optimism among small businesses?

• Rationalization of regulations

• Higher taxes

• Decreased market competition

• Increased interest rates

What is considered a major driver of economic growth according to the discussion?

• Deregulation and rationalization

• Increased consumer taxes

• Reduced infrastructure spending

• Higher import tariffs