Tax Reform Has Major Unresolved Issues, Says Zezas

The transcript discusses the importance of perception in the White House, particularly regarding tax policy. It highlights the role of the Big Six in driving tax reform and the potential economic impact of such reforms on GDP growth. Challenges such as the border tax and unresolved issues like state tax deductibility are also addressed, emphasizing the need for cohesive policy leadership.

What is the significance of perception in the context of the White House's tax policy?

• It is only important for media coverage.

• It influences market participants and public opinion.

• It determines the final decision on tax reform.

• It has no impact on policy decisions.

Who are the 'big six' mentioned in the context of tax reform?

• Key figures in the White House and Congress working on tax reform.

• A group of senators opposing tax reform.

• A coalition of state governors.

• A team of international economists.

What is the expected timeline for completing tax reform according to the discussion?

• In the summer of 2019

• By the fall of 2018

• In the spring of 2018

• By the end of 2017

What unresolved issue in tax reform is likely to affect Blue State Republicans?

• Healthcare reform

• Corporate tax rates

• Deductibility of state and local taxes

• The border tax

What is a major challenge in achieving tax permanence?

• Lack of bipartisan support

• Excessive fiscal stimulus

• Overwhelming public opposition

• International trade agreements