AIC’s Sommers Says New Tax Code Should Be Pro-Growth

The transcript discusses the implications of the failure of President Trump's healthcare bill on tax reform efforts. It highlights the importance of the revenue baseline in shaping tax policy and the potential economic impact of higher taxes. The conversation also covers priorities in the tax code, such as interest deductibility, and the role of private equity in the economy. The discussion anticipates challenges and opposition in the tax reform process, emphasizing the need for political alignment and leadership to achieve pro-growth tax reform.

How does the speaker view the relationship between private equity and the American economy?

What challenges does the American Investment Council anticipate in pursuing tax reform?

What role does the speaker believe President Trump should play in the tax reform process?