Christina Romer Quotes

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

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

Raising taxes is the last thing we should do amid the weakest economic recovery since World War II. Unfortunately, even if we avoid the full 'Taxmageddon' scenario, President Obama's health care law also contains a new surtax on investment that will take effect in 2013.

People do not understand what a great revenue economy is.

Raising taxes in an economic downturn is not a good idea.

I really do believe most people understand raising tax rates is bad for the economy, it costs jobs. It actually in the long term undermines revenue.

All taxes have a negative effect on economic activity.

Tythes [tax revenues] increase within any territory as the labor of that country increases, and labor does, or ought to, increase as the people do.

I am a supply sider. If you cut the right taxes, you will make more money.

Repealing the estate tax won't create jobs, it won't boost GDP, and it won't add efficiency to the market. Instead, repealing the estate tax will simply add to the debt, hurt our ability to build a stronger economy and worsen economic inequality.

Here's the problem if you keep raising tax rates: You slow down economic growth.

The dual effect of high growth creating higher income that's taxed by government at all levels, combined with lessening demands placed on government that occurs during economic prosperity, is a worthy objective.

The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.

It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.

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.

Not continuing a tax cut is not technically a tax increase.

It is time to recognize a simple fact of life. Contrary to what some of my colleagues seem to believe, tax cuts do not pay for themselves.

Someone is going to have to explain to me at some time how raising taxes on job-creators is going to create more jobs.

Increased revenues, meaning higher taxes, will be a central element of any successful long-term budget plan, and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds.

If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of creating these measurements, some people didn't want to count government spending.

As a matter of policy, increasing taxes on the most economically productive group, which already generates 60 percent of the nation's federal revenues, during a sustained period of economic doldrums is a wretched idea.

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.

What I want to do is create more taxpayers, not more taxes.

Every time you have a new tax, or every time you have to pay really an inordinate amount for a regulation, it's really stifling this country and really stifling American business.