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Forward at the planning movement. That is the motion. We can all make Public Comment for the record on what we think should happen to the fees. I dont know if we can say that. Im concerned about that. I guess you could express your desire and emotion, but its not going to be legally binding on the appeals or the department. So would we uphold the existing fee or remain silent on it . I think you have to impose the assessment of costs. Or you could reduce it, if you wanted to. We can reduce it, but we have to assign the fees. Okay. I dont think we can again, i think we can say what our desire is or we can say in Public Comment what our hope to the resolution is, but it needs to be binding. To the chair, this is throwing the baby out with the bath water, but if we reduce the fees now with the notion that were being proactive in having these others come together, well take that ....
To pass and going to be very popular and lots of adjustments before it ends but the end result would be a very very massive, the largest in the history of our country tax cut and lots of good things are going to happen including bringing back to our country of probably end up being over 4 trillion, money offshore thats stagnant that companies and just not able to bring it back so i think its going to be a number over 4 4 4 trillion dollars. If you look at china and so many other countries, many other countries, china is at 15 . Theyre lower than us a level either lower or right in the ballpark so that we could compete much better with our companies, our great Great Companies and that means jobs that means lots of other things. Im very happy to see that the Consumer Confidence level is just about the highest its ever been. In fact i dont want to make any mistakes in fron ....
So if we hold it in advance for 60 days, they file a permit, then they have to pay the fee, correct . I think they have to pay the fee to get the permit. To get the permit. To get the permit . To receive it . Or to start the application . Well collect the fees at issuance. It could be at the planning department. Commissioner mccarthy . Im kind of putting myself in the Property Owners shoes here. Theyve got to make some hard choices here. Im just kind of offering an olive branch here saying, please, make the right choice here, and, by the way, we have the autonomy to do that. Hes here asking for a fee reduction. I think thats good. Were doing it on that context. I dont think we can reverse that decision afterwards. I think we make a decision, as a commission, to try to incentivize. I think that was the word used. I think this is going to be resolved one way or the other, you know. I dont know who is going to prevail, but i think w ....
So if we hold it in advance for 60 days, they file a permit, then they have to pay the fee, correct . I think they have to pay the fee to get the permit. To get the permit. To get the permit . To receive it . Or to start the application . Well collect the fees at issuance. It could be at the planning department. Commissioner mccarthy . Im kind of putting myself in the Property Owners shoes here. Theyve got to make some hard choices here. Im just kind of offering an olive branch here saying, please, make the right choice here, and, by the way, we have the autonomy to do that. Hes here asking for a fee reduction. I think thats good. Were doing it on that context. I dont think we can reverse that decision afterwards. I think we make a decision, as a commission, to try to incentivize. I think that was the word used. I think this is going to be resolved one way or the other, you know. I dont know who is going to prevail, but i think w ....
In favor of brexit. That was like a tectonic shift and it was a major change with consequences that were both farreaching and unclear. Brexit changes everything, but how . So businesses, institutions and policymakers have been looking at this ever sense and rands study that we are talking about today looks at some possible outcomes and what they mean or our Economic Policy and for our operation so im excited to see many friends of the Wilson Center here today and that rand. Im going to introduce our panel and my idea is that we will hear from charlie about the bulkof this study. Turn this over to then michelle for some comments and then have fran and howard way in. Who are these people, you may ask . Charlie reese, Vice President international at rand, former Us Ambassad ....