The Era of Tax Cuts Is Over, Guggenheim's Millstein Says

The video discusses the Federal Reserve's role in supporting corporate debt markets during a recession, highlighting the impact of liquidity and fiscal stimulus measures like the CARES Act. It examines the rising debt levels in both corporate and government sectors and their economic implications. The discussion also covers future economic strategies, including potential tax increases and income support measures, to address budget deficits and income inequality.

What challenges do companies face when trying to access credit during a recession?

In what ways might tax policy change in response to the economic crisis?

How might the current economic situation affect income inequality in the future?