Glenn Hubbard Quotes

I am not for raising taxes in a recession, especially when it comes to job creators that we need so desperately to start creating jobs again.

We had massive tax cuts in the early phases of the [George W.] Bush years… The decade following was the worst growth rate in over 60 years.

After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.

Raising taxes does nothing to allow the economy to recover.

Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer.

Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.

We will attract more people to Kentucky by lowering our income tax rate. In fact, lowering the income tax rate is the single most important thing we can do to create opportunity.

The tax relief package enacted in 2001 was central to pulling the economy out of the post 9-11 recession. It's the reason we've got low unemployment and have created more than two million jobs in the last year.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

In the middle of a recession, where we're just climbing out of it, where the economy -unemployment is still at 9.7 percent, the idea of raising taxes and reducing spending is a prescription for disaster.

Our problem is not adopting reforms, which we will do without question. It is not reaching an objective, which we will meet. But it is finding an end to the recession.

The worst thing that we could do is raises taxes. It would only hurt the economy.

You don't get an economy growing by raising taxes.

And we've given all you people need to know and understand about our financial situation and about how we live our life. And so, the election, again, will not be decided on that. It will be decided on who is gonna turn the economy around and how are jobs gonna come back to America.

I plan to lower corporate taxes to create an environment that encourages companies to invest more.

Making the tax cuts permanent will continue to grow the economy, create jobs, and put more money in the pockets of the hard-working families of Pennsylvania.

Congress must also enact pro-growth policies that encourage the economy to expand: like making tax relief permanent and repealing the death tax.

Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable conclusion, however, is that the primary driver of the short-term deficit is not tax cuts but the lack of any meaningful economic growth over the last half decade.

Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.

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

The key to revenue growth is tax reform that closes loopholes and that is pro-growth. Then with a growing economy, that's where your revenue growth comes in, not from higher taxes.

It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.

I do believe in tax incentives in order to move the economy forward.

Obama's explanation for the slowdown in economic growth is that the public sector is hurting, and that's where Washington must step in and act.

Our first goal is to stop the recession and start with recovery.