Rep. Hensarling Says Tax Trigger a 'Uniquely Bad Idea'

The video discusses the reform package and its progression to conference, highlighting differences in state and local tax deductions and trigger issues. It emphasizes the importance of stable tax rates for businesses and compares economic growth under different tax policies. Historical tax cuts are referenced to illustrate revenue generation strategies.

What are the distinct differences mentioned between the two bills?

Why is the state and local tax deduction issue important to some members?

What is the speaker's opinion on the tax trigger?

How does the speaker relate economic growth rates to tax policy?

What historical examples does the speaker provide to support their argument on tax cuts?