176 Reason for Doubt on Tax Reform

HKS Professor Jason Furman speaks with host Matt Cadwallader about the Trump administration’s tax reform proposal, expressing serious doubts about some of the claims made by the Council of Economic Advisors, a White House agency he previously presided over as chairman from 2013 to early 2017. Among the issues he digs into are simplifying the tax code; increasing the standard deduction for the middle class; how cutting the corporate tax would affect workers’ wages; repatriation of money held by foreign subsidiaries of US corporations; why it’s important that tax cuts be revenue neutral; and where he and House Speaker Paul Ryan would agree on tax reform.