A Quote by Glenn Hubbard

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

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Administration Another Business Chilling Creation Crisis Debt Financial Financial Crisis Further Future Increases Investment Job Job Creation Large Obama Obama Administration Raise Sustained Tax Tax Increases

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Glenn Hubbard
American - Economist
Born: September 4, 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

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

Christina Romer

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

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

Large increases in cost with questionable increases in performance can be tolerated only in race horses and women.

Lord Kelvin

Large increases in cost with questionable increases in performance can be tolerated only in race horses and fancy women.

Lord Kelvin

If, before 2020, there is a choice between further spending cuts, more borrowing and tax rises, the priority must be to avoid tax increases. They would disrupt consumption, employment and investment.

Theresa May

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 don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation.

Paul Ryan

We must stop spending money that we just don't have. Historic debt leads to historic tax increases, which stifle job growth.

Kristi Noem

Sunlight and wind are inherently unreliable and energy-dilute. As such, adding solar panels and wind turbines to the grid in large quantities increases the cost of generating electricity, locks in fossil fuels, and increases the environmental footprint of energy production.

Michael Shellenberger

So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint of free enterprise. While escalating war in Afghanistan and maintaining over 850 military bases around the world, the administration has run up the national debt that Smith decried. By shifting the tax burden off property and off rent-seeking monopolies - above all, off the financial sector - this policy has raised America's cost of living and doing business, thereby undercutting its competitive power and running up larger and larger foreign debt.

Michael Hudson

Small business owners are experiencing great uncertainty because of the possibility of tax increases, the inconsistent flow of credit, an outrageous national debt, high energy costs, and overreaching federal regulations.

Sam Graves

I find the joy of the 'doing' increases. Creativity increases. Intuition increases. The pleasure of life grows. And negativity recedes.

David Lynch

Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.

Ron Paul

The moment a large investor doesn't believe a government will pay back its debt when it says it will, a crisis of confidence could develop. Investors have scant patience for the years of good governance - politically fraught fiscal restructuring, austerity and debt rescheduling - it takes to defuse a sovereign-debt crisis.

Andrew Ross Sorkin

A Quote by Glenn Hubbard

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