Will Democrats Support Parts of Trump’s Tax Plan?

The video discusses the potential benefits and challenges of tax reform in the US. It highlights the issues with the current tax code, such as the favoring of debt over equity, and suggests solutions like moving to a territorial tax system and ending debt deductibility. The video also covers the political challenges in passing tax reform legislation, including the need for bipartisan support and the debate over revenue neutrality. Finally, it explores the prospects of passing tax legislation and the decisions that need to be made regarding temporary versus permanent tax cuts.

What is the significance of the border adjustment tax in the context of the tax reform discussion?

What are the differing views on whether tax cuts should be temporary or permanent?