The Tax Cuts and Jobs Act slashes tax rates, transforms corporate taxation, and brings countless other changes to the table. The stated purpose is to increase economic growth in the United States—but will it? The Richard Paul Richman Center for Business, Law, and Public Policy brought together Michael Graetz (Columbia Alumni Professor of Tax Law at Columbia Law School), Daniel Shefter '93 (lecturer in law at Columbia Law School), and Robert Willens (adjunct professor at Columbia Business School) to discuss.

In this video, 2 of 3, Robert Willens discusses how the new law is likely to impact transactions like M&A and entities like MLPs and S corporations.

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