Golub Says Tax Bill Inequality Argument Is 'Off the Mark'

The video discusses the impact of tax cuts on inequality, emphasizing that the goal is not to benefit the wealthy but to equalize the tax plan for U.S. companies. This aims to prevent companies from relocating abroad and to bring back jobs, benefiting all income levels. The discussion also covers the concept of 'animal spirits' and how tax benefits might affect market dynamics, including earnings and stock prices, and whether these benefits will be distributed among employees, competitors, or remain with corporations.

What uncertainty does the speaker express regarding the impact of tax benefits on companies?

What does the speaker suggest about the distribution of tax benefits?