A Quote by Christina Romer

Tax increases appear to have a very large sustained and highly significant negative impact on output.

Christina Romer

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Appear Highly Impact Increases Large Negative Output Significant Sustained Tax Tax Increases Very

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Christina Romer
American - Economist
Born: December 25, 1958

Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are in fact reductions, the more intuitive way to express this result is that tax cuts have very large and persistent positive output effects

Christina Romer

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

Glenn Hubbard

Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.

Christina Romer

The output is far from smooth, and the impact on dispatchable plant required to deal with residual demand is highly significant. Our view is that plant operating under these conditions in the support role for wind will suffer: 1) reduced availability, 2) significantly reduced efficiency, and thus 3) higher emissions per MWh generated.

John Constable

If you go from $7 to $15 in a very short period of time, potentially that could have a negative effect on some economies because that is a very big jump. And you're saying to businesses that employ a large number of minimum wage workers, your payroll is basically going to double. That could have a negative impact. It would have to be studied.

Andrew Cuomo

Sometimes, tax rate increases create the very problems that the spending is intended to cure. In other words, the tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.

Arthur Laffer

We must keep prices under control to ensure that price increases do not exert a major negative impact on people's lives.

Li Keqiang

Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.

Grover Norquist

Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.

Robert Reich

Under current law, on January 1, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases.

Ben Bernanke

I think [testing] has had a profoundly problematic impact on student learning. It must seem to students that their worth as individuals is equivalent to their test score. The stress the high stakes culture has on teachers is also highly negative and must surely impact students in a negative way. It also de-professionalizes teachers because it encourages them to be script readers, followers of rigid schedules, and to disregard the needs of the people they teach in favor of the scripts and schedules.

Carol Ann Tomlinson

Local tax increases can cause high-net-worth individuals to move, tax experts said; tax avoidance and tax arbitrage are multitrillion-dollar affairs, and rich people are sensitive to tax rates. But many of the people who move when their home state raises taxes are close to retirement anyway.

Annie Lowrey

What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax.

Arthur Laffer

Those are all computational engines that are highly distributed and therefore highly robust, .. We're seeing a very significant evolution in the way we even think about computer systems, let alone specific applications.

Vinton Cerf

Society thrives on trade simply because trade makes specialization possible, and specialization increases output, and increased output reduces the cost in toil for the satisfactions men live by. That being so, the market place is a most humane institution.

Frank Chodorov

I am proud of our diversity, and when you attack the federal workforce, you are having significant impact on women - many of whom are single moms working to support their family - and you're having a significant impact on communities of color.

Tom Perez

A Quote by Christina Romer

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