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83: Economist Austan Goolsbee on Build Back Better

The Al Franken Podcast

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Corporate Income Taxes

When i was in the omam administration i favored cutting the corporate income tax rate. I just wanted it to be done in a way that wasn't a huge windfall to existing corporations. And most corporations were on board with that idea. But when donald trump takes office and says, you know what? A let's just cut it by two trillion dollars. Let's not actually make it revenue neutral. Let'snot try to pay for it. Let's just give a windfall hand out to the folks that i like. That, i think, was the, that was the root of the problem. It doesn't have to go back to exactly what it was before the tax cut

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