How should investors respond to the new U.S. tax picture? The Wall Street Journal put the question to The Experts—an exclusive group of industry and thought leaders who engage in in-depth online discussions of topics raised in this month's Investing in Funds & ETFs Report and all future Wall Street Journal Reports.

Also be sure to watch three of The Experts—Gus Sauter, former chief investment officer at Vanguard; Meir Statman, behavioral finance professor at Santa Clara University and Sheryl Garrett, founder of the...