Hodge Says Tax Bill Is Pro-Business and Pro-Worker

The video discusses significant changes in the U.S. corporate tax system, including a historic cut in the corporate tax rate and a shift to a territorial tax system. These changes aim to make the U.S. more competitive globally. The reforms favor capital-intensive companies by allowing immediate expensing of capital investments, while reducing benefits for highly leveraged companies. The tax cuts are front-loaded, providing an initial economic boost, but are set to taper off by 2025 due to Senate budget rules.

In what way does the text suggest that the tax reform could lead to higher wages for workers?

What are the implications of the 'bird rule' on the tax cuts as discussed in the text?