Larry Summers on Corporate Tax Cuts, Trump Claims

The transcript discusses the impact of corporate tax cuts on economic growth, highlighting the challenges and distributional effects. It explains the territorial tax system and debates the fairness and economic efficiency of tax policies. The conversation also touches on revenue-neutral corporate reform and the importance of political norms in tax reform. Finally, it covers central bank policy and its market implications.

What are the distributional effects of tax cuts mentioned in the discussion?

How does the speaker define fairness in the context of tax reform?

What is the speaker's stance on the repeal of the estate tax?

What does the speaker believe is necessary for a good tax reform plan?