Capital Alpha's Gabriel Critiques Trump's Tax Reform

The video discusses deficit disorder and tax proposals, focusing on a 20% corporate tax rate proposal by Kevin Brady and Paul Ryan. It analyzes the proposal's chances of passing without Democrat support, considering the narrow Senate majority and budget rules. The video also examines market reactions, noting the rise in Fang and bank stocks, and anticipates a Fed rate hike in December. It suggests viewing tax reform as a positive sum game in Washington.

What challenges do the Republicans face in passing tax reform?

What is the expectation regarding the Federal Reserve's actions in December?