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The Iran deal may not survive the Trump administration. The 2015 Joint Comprehensive Plan of Action requires Iran to limit its nuclear program and allow International Atomic Energy Agency inspections in exchange for sanctions relief from the United States, the European Union, and the UN Security Council. As a candidate, Trump said he would dismantle the deal. He now claims that Iran violated the deal’s “spirit” and has initiated a White House review of it. Trump’s skepticism matches that of several U.S. allies in the region and the mood of Republican majorities in Congress. Meanwhile, ahead of their coming election, Iranian hardliners criticize President Hassan Rouhani for not getting better terms.
Advocates of the deal point out that it’s working. Even the Trump administration has formally recognized Iran’s compliance. Freezing Iran’s program, some argue, upsets hawks on both sides precisely because it limits tensions and lowers the odds of war.
To discuss the deal and its prospects, Cato is hosting Ambassador Wendy Sherman, who led the U.S. negotiating team for the Obama administration. She’ll be interviewed by Laura Rozen, Al-Monitor’s diplomatic correspondent.
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The Trump administration and Republicans in Congress are pushing ahead with major tax reforms. There is broad agreement on the need to simplify the tax code and to cut tax rates to improve America’s competitiveness. The administration’s tax plan would slash the top business tax rate to 15 percent, while simplifying and reducing individual income tax brackets. The House reform blueprint would cut individual and corporate tax rates and allow for expensing of capital investment. The blueprint also suggests creating Universal Savings Accounts. However, there is still disagreement among experts and political leaders over changes to the business tax base, the need for revenue neutrality, and other aspects of reform.
Join our panel of experts who will discuss the economics of tax reform and comment on the policy process in the months ahead. We will explore the proposed changes to individual taxes outlined in the Trump and House plans, and further, examine U.S. business taxation in light of dramatic reforms undertaken in the UK and around the world that offer important lessons for U.S. policymakers.
Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
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