Adam Posen on What Tax Reform Should Be

The transcript discusses the concept of revenue-neutral tax reform, emphasizing the need to close loopholes and lower marginal rates. It critiques current tax cuts for favoring the wealthy and not benefiting the real economy. The discussion shifts to monetary policy, considering potential rate hikes by the Federal Reserve amidst fiscal changes.

What is the speaker's stance on the effectiveness of being pro-business in the current context?

What does the speaker imply about the relationship between tax cuts and wages?