Impact Quote by Christina Romer

Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are…

— Christina Romer

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

— Christina Romer

Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to…

— John James Cowperthwaite

Our present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment, and risk-taking…

— John F. Kennedy

Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few…

— John F. Kennedy

I believe that there should be a very much heavier progressive tax on very large incomes, a tax which should increase in a very…

— Theodore Roosevelt

Beware of politicians who tell you they'll do all these wonderful things for you for only a small tax increase. Those tax increases are…

— Fabrizio Moreira

History shows that tax increases during a recession are a recipe for greater unemployment and economic loss.

— Pete Sessions

The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after…

— Mike Pence

The laws of normal economics dictate that lower taxes combined with increased spending will lead to bigger deficits.

— Joseph Stiglitz

There are real impacts from lowering tax rates, encouraging savings.

— Kevin Brady

The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly…

— Barney Frank