Tags: Trump Tax Reform | ceo | tax reform plan | investment | increase

WSJ: Few CEOs Plan Investment Increases Over GOP Tax Reform Plan

Image: WSJ: Few CEOs Plan Investment Increases Over GOP Tax Reform Plan
Gary Cohn, National Economics Council Director (AP)

By    |   Wednesday, 15 Nov 2017 11:06 AM

Few CEOs seemed supportive Tuesday of the Republican tax reform plan.

CEOs were asked Tuesday, during a meeting at the Wall Street Journal's CEO Council, if they planned to increase their companies' capital investments if the GOP tax reform bill passes. Only a few CEOs responded that they would.

"Why aren't the other hands up?" asked Gary Cohn, National Economics Council director.

The Journal's Natalie Andrews posted video of that moment from the interview.

Alan Greenspan, the former Federal Reserve chiarman, said Thursday that now is not the time for tax cuts. "Economically, it's a mistake to deal with sharp reductions in taxes now," Greenspan said in a Fox Business interview.

© 2017 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
Few CEOs seemed supportive Tuesday of the Republican tax reform plan. CEOs were asked Tuesday, during a meeting at the Wall Street Journal's CEO Council, if they planned to increase their companies' capital investments if the GOP tax reform bill passes.
ceo, tax reform plan, investment, increase
151
2017-06-15
Wednesday, 15 Nov 2017 11:06 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved