UC Berkley's Auerbach Sees Tax Reform Plan Moving Forward

The transcript discusses the challenges faced by the President in gaining support for tax reform amidst the Mueller investigation. It highlights the ambitious tax reform plan driven by Congress, the potential increase in the deficit, and strategies to manage budget costs. The discussion also covers state and local tax deductions, corporate tax cuts, and the economic projections related to tax reform. The role of the Congressional Budget Office and the potential impact of Fed leadership changes are also examined.

How do state and local tax deductions affect different states differently?

What are the implications of phasing in corporate tax cuts over time?

What role does the Congressional Budget Office play in the tax reform process?