--- title: "Meaning & Key Takeaway of: Tax increases appear to have a very large…" description: "\"Tax increases appear to have a very large sustained and highly significant negative impact on output.\" — Christina Romer" image: "https://sms4smile.com/quotes/i/f36/christina-romer-16059_impact_tax-increases-appear-to-have-a-very-larg_1444856.jpg" --- # Tax increases appear to have a very large sustained and… ![“Tax increases appear to have a very large sustained and highly significant negative impact on output.” quote by Christina Romer](https://sms4smile.com/quotes/i/f36/christina-romer-16059_impact_tax-increases-appear-to-have-a-very-larg_1444856.jpg) [Download](https://sms4smile.com/quotes/i/f36/christina-romer-16059_impact_tax-increases-appear-to-have-a-very-larg_1444856.jpg) [Open image](https://sms4smile.com/quotes/i/f36/christina-romer-16059_impact_tax-increases-appear-to-have-a-very-larg_1444856.jpg) > “Tax increases appear to have a very large sustained and highly significant negative impact on output.” [Christina Romer](https://sms4smile.com/quotes/author/christina-romer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Higher taxes significantly reduce economic output, indicating a strong negative relationship between tax rates and productivity. **In simple terms:** Higher taxes lower output. Key Takeaway Consider tax impacts before policy changes. Themes economics tax policy productivity public finance Mood analytical cautious Type policy analysis economic commentary When to use this quote - government budgeting - business planning - investment decisions Key Concepts fiscal multiplier economic efficiency Questions to Reflect On - How do tax structures affect different sectors? - What alternatives can offset negative impacts? A Different Perspective Tax cuts may not always boost growth if not targeted. ★ ★ ★ ★ ★ No ratings yet [Impact](https://sms4smile.com/quotes/about/impact/) [Productivity](https://sms4smile.com/quotes/about/productivity/) [Tax increases](https://sms4smile.com/quotes/about/tax-increases/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are…](https://sms4smile.com/quotes/christina-romer/tax-increases-appear-to-have-a-very-large-sustained-and-highly/) [Christina Romer](https://sms4smile.com/quotes/author/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. 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