October 23, 2017
Executive-in-Residence of the BB&T Center, John Allison, appeared on Fox Business News’ Varney & Co. to discuss tax reform.
Mr. Allison explained how cutting the corporate tax rate would drive growth and business investments. He pointed out that this cut would raise wages and therefore be beneficial to individuals with a low or moderate income. He also discussed how many states are out-of-line with their tax rates.
Mr. Allison has been an executive-in-residence with the BB&T Center for the Study of Capitalism at Wake Forest University since November 1, 2015. His main roles have been to mentor students, guest-lecture in classes, and give public lectures. As executive-in-residence, Mr. Allison has helped foster Wake Forest’s student-centered educational mission. His leadership has been invaluable in helping the BB&T Center implement its mission of critically evaluating the role of capitalism in a humane and just society. His extensive real-world experience in business and banking has enabled him to provide insight to students into the crucial role honorable business plays in fostering a prosperous society. Prior to his current position, Mr. Allison was the CEO of the Cato Institute following a career at BB&T that culminated in his outstanding performance as chairman and CEO.
More information regarding Mr. Allison and his media availability should be directed to the Marketing and Communications Team in the Wake Forest Business School.