Marcum's Perry Says U.S. Tax Reform Needs Offsets

The video discusses the challenges Congress faces in simplifying the tax system, stimulating the economy, and generating necessary revenue. It highlights the difficulties posed by healthcare legislation and its tax implications. The discussion then shifts to corporate tax, focusing on repatriation of earnings and lowering rates to stimulate economic growth. The importance of balancing budgets and understanding effective tax rates is emphasized.

What are the potential outcomes of balancing corporate tax rates with individual tax rates?

Discuss the challenges of lowering corporate tax rates without including economic effects in the plan.