Martin Feldstein Says the Big Issue Is Tax Reform

The video discusses the challenges and implications of health care and tax reform in the U.S., focusing on the importance of corporate tax reform for economic growth. It highlights the need for revenue-neutral policies to avoid increasing the deficit, which could lead to higher interest rates and reduced investment. The discussion also covers the potential duration of tax cuts and the uncertainty it creates for businesses. Finally, it examines proposals for a territorial tax system and the role of Congressional Republicans in shaping these reforms.

What is the significance of health care in relation to long-run economic growth?

What challenges are associated with undoing the Obamacare legislation according to the text?

How does the proposed corporate tax reform aim to influence capital accumulation and business investment?

Why is it important for tax reform to be relatively revenue neutral in the long run?

What implications does the uncertainty of tax cuts lasting beyond ten years have on corporate behavior?