Balancing China's Economy

Brad discusses the importance of a more balanced Chinese economy and the role of the U.S. in influencing this outcome. He highlights the unique revenue structure of China, where tariffs surpass personal income tax, and emphasizes the need for U.S. tax law reform to address issues related to globalization. With upcoming budget negotiations, he sees an opportunity for bipartisan discussions to reshape corporate tax incentives that currently encourage the outsourcing of intellectual property and production.