J&J CEO Gorsky Says U.S. Tax Reform Is Essential

The video discusses Johnson & Johnson's capital allocation strategy, emphasizing the importance of tax reform for global competitiveness. It highlights the company's focus on dividends, research and development, and strategic acquisitions. The impact of tax rates on investment decisions and potential competitive disadvantages due to tax disparities are also explored.

In what ways can tax rates affect a company's ability to acquire technology?

What concerns does the speaker express regarding competitive disadvantages due to tax rates?