BlackRock's Fink Says Trump's Tax Plan Must Be Amended

The video discusses the Trump administration's proposed tax reforms, highlighting potential impacts on the economy, state liabilities, and retirement savings. Concerns about growing deficits and foreign ownership of U.S. debt are raised, emphasizing the need for mindful economic growth. Suggestions for tax reform adjustments include reconsidering the elimination of state tax deductibility and adjusting corporate tax rates.

In what ways does the speaker believe the proposed tax reform could affect economic growth?

What changes does the speaker suggest regarding corporate tax rates?