Andy did a phone interview today on CNBC’s Closing Bell to discuss his thoughts on how the Trump administration should address tax reform. Andy notes that reform can be accomplished through the proposed Three Easy Pieces solution: Lower the corporate tax rate from 35% to 15%. Grant immediate expensing for new business investment. And establish a one-time 10% rate for the repatriation of offshore cash. He also weighs in on the resignation of Carl Icahn from the role of special adviser to President Trump and how Icahn’s situation is very different from other CEOs.
Click here if you cannot play the video below: https://www.cnbc.com/video/2017/08/21/we-need-to-amend-entire-tax-code-former-cke-ceo-andy-puzder.html?play=1