Republican Tax Reform Agenda Discussion 10.26.2017

The Cato Institute hosted a discussion on Capitol Hill on the prospects for Republicans' tax reform agenda. Panelists, including Americans for Tax Reform President Grover Norquist, spoke about why they are optimistic about Congress passing tax reform this year and why they believe it will benefit the U.S. economy. American Enterprise Institute Resident Fellow Alex Brill talked about why he believes cutting the corporate tax rate, which accounts for about 10 percent of total tax revenues, would benefit all Americans, not just corporations, because of the economic growth it could produce. Cato Institute Tax Policy Studies Director Chris Edwards discussed why lowering the top individual tax rate could help all wage earners because, he contends, lower rates would cause more productivity and innovation in the country, driving economic growth.