Barclays’ Golhar Sees Modest Tax Cut in Early 2018

The video discusses potential tax reforms, including temporary and permanent tax cuts, and their implications. It covers the legislative process, key players, and the debate over state and local tax deductions. The discussion also touches on the impact of gradual changes on revenue and the prospects of passing the legislation.

What are the potential outcomes discussed regarding tax cuts and tax reform?

How does the speaker view the possibility of a modest tax cut happening?

What are the concerns regarding the state and local tax deductions?

What is the significance of gradualism in the context of tax reform?

What implications could retroactive tax reform have on revenue?