Scott Galloway

So I want to fast forward to the possibility that you've won the election.

You maybe get an appointment to the Senate Intelligence Committee.

And you're reminded that 42 of the last 42 years, the State Department, under vastly different administrations, has said that Iran is the number one state sponsor of terror in the region and globally.

And we're responsible or should have some input for countering that threat.

Can you speak specifically to how you think the U.S.

should counter that threat?

Is it economic?

Is it military action?

Do you think any use of military force was warranted here?

So in sum, Iran, question mark, your turn.

So along the notions, you mentioned a billion dollars a day, not being able to, every dollar spent overseas is a dollar less we can spend domestically, which makes sense.

We're taking, we're spending $7 trillion as a government.

We're taking in 5 trillion.

If you can do math, that's just not sustainable.

We spend $1.1 trillion on the military.

So it sounds as if, and you tell me if you agree with this, that potentially a place to cut might be the military.

But given that we have a lot of young people in the audience who tend to be asked to whip out their credit card to sustain the wealth of my generation, can you give some specifics around, one, do you think a $2 trillion annual deficit is a problem?

And would you be more focused on cutting expenditures or raising or raising receipts and try and be as specific as possible what you would cut and where you would increase revenues?

So just more specifically, and I'll throw back to Jess, alternative minimum tax, more progressive tax structure, elimination of carried interest.

It's 60% corporate tax rates.