This year’s Wall Street Journal CEO Council Meeting was held from November 13th to 14th. At the meeting, which included discussions of critical issues such as artificial intelligence, cyber security and foreign markets, Gary Cohn, the White House economic advisor, asked the CEOs in attendance whether they believed the proposed reduction in taxes would encourage them to spend more. In response, few CEOs answered in the affirmative. This response is likely representative of the fact that the existing tax rates have not deterred companies from investing. In fact, companies are spending more than before. So far, … Continue Reading