Eli Lilly CEO Says 'Time Is Now' for Corporate Tax Reform

The video discusses the need for tax reform in the US, focusing on the corporate tax system. It highlights the importance of moving to a territorial tax system to eliminate double taxation on foreign earnings, aligning with global standards. The speaker emphasizes that tax policy significantly impacts economic growth and investment, advocating for an overhaul to improve the US economy.

What is the current state of tax reform in Washington according to the speaker?

What does the speaker believe is necessary for the US corporate tax system?

What is meant by 'territoriality' in the context of tax policy?

How does the current US tax system differ from other major economies?

What does the speaker suggest is the global standard for tax systems?