Conference Board Says Tax Cuts Won't Add a Lot to Growth

The video features a discussion on the impact of the Republican tax plan on the economy. The conversation highlights skepticism about immediate job growth, with many companies likely to prioritize shareholder returns. Despite this, there is optimism about continued economic momentum and potential job market improvements. Marty Feldstein believes the low corporate tax rate will attract foreign investment, boosting US growth. The discussion also touches on the potential for increased business confidence and slight adjustments to 2018 economic growth estimates.

What are the potential effects of the tax plan on hiring according to the discussion?

How do tax cuts influence corporate behavior regarding stock buybacks and dividends?

What is the general sentiment about the impact of tax cuts on economic growth?

What does Marty Feldstein believe about the low corporate tax rate and its effect on overseas investment?

How does the speaker assess the current business cycle in relation to the anticipated economic growth?