As proposals are floated both in Congress and in the White House’s budget plan to change the tax treatment of reinsurance purchased by U.S. insurers from offshore affiliates, R Street hosted a Capitol Hill panel discussion June 18 that looked at the significant negative market impacts such a change would have. The panel — “Ensuring Low-Cost Insurance: Reinsurance & International Tax Reform” — was moderated by R Street Outreach Director Lori Sanders and  featured legendary supply-side economist Art Laffer, the Tax Foundation’s Alan Cole, Mayer Brown’s Timothy Keeler and former U.S. Rep. Tom Feeney, R-Fla.

You can watch the full video below.