-The United Sates is pondering an unprecedented tax cut to 15% for corporate tax. The UK government pledges to cut corporate tax to 17% by 2020. India has launched an unprecedented GST reform. China has also lowered corporate tax burden through VAT reforms. There seems to be a global tax cut race so as to be at least tax competitive. Do it work from a historical point of view?
-How will the global tax race affect global investments?
-Aside from cutting tax rates, are there other tax reforms that help attract and retain talents, capital and companies?