Rep. Delaney Says International Tax System Is Broken

The video discusses bipartisan support for tax reform, focusing on the broken international tax system that incentivizes US corporations to keep cash overseas. The proposal suggests pairing tax reform with infrastructure investment to stimulate the US economy. The plan includes lowering tax rates on international earnings to encourage repatriation of funds, which would benefit the US economy more than if the money remained overseas. The discussion emphasizes not prescribing how companies should use repatriated funds, allowing them to invest or distribute as they see fit.

What are the proposed changes to the international tax system mentioned in the text?

How does the speaker suggest pairing tax reform with infrastructure investment?

What is the significance of bringing cash back to the United States according to the speaker?

What are the potential benefits of the proposed tax reforms for the U.S. economy?

What is the proposed tax rate for international earnings as discussed in the text?