Aecom CEO Burke on GOP Tax Plan, Infrastructure

The transcript discusses the current tax bill's impact on U.S. competitiveness, focusing on the R&D credit and its implications for corporate taxes. It highlights the need for infrastructure investment and the challenges Congress faces in passing related legislation. The discussion emphasizes the importance of maintaining a competitive edge through tax incentives and infrastructure development.

What is the main concern for technology companies regarding the current tax bill?

• The increase in corporate tax rates

• The reduction of export incentives

• The impact on R&D credit and alternative minimum tax

• The introduction of new tariffs

What is the potential consequence if the drafting mistake in the tax bill is not corrected?

• Increase in personal income tax

• Reduction in corporate tax rates

• Increase in import duties

• Loss of R&D benefits due to equal corporate and alternative minimum tax rates

Why is a separate bill needed for infrastructure investment?

• The current tax bill already covers infrastructure

• Infrastructure investment requires specific legislative focus

• There is no need for additional infrastructure investment

• The tax bill will automatically lead to infrastructure improvements

What percentage of GDP is the U.S. currently spending on infrastructure?

• 5%

• 7%

• 2.5%

• 10%

What is the expected outcome of the tax bill in terms of economic conditions?

• Decrease in foreign investments

• Stagnation of economic growth

• Increase in economic output and tax base

• Reduction in domestic spending