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

Christina Romer

Christina Romer

1 Percent Effect Estimates GDP Highly Increase Nearly Next Our Output Over Percent Significant Suggest Tax Tax Increase Three Years

Related Quotes

I think it's horrendous that there's even a proposed 30 percent tax increase.

— Richard Ball

HorrendousIncreasePercent

I have never voted for a tax increase.

— Marco Rubio

IncreaseNeverTax

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

— Grover Norquist

ContinuingCutIncrease

A tax cut to compensate for a tax increase is not a cut - it's a con.

— Tony Abbott

CompensateConCut

I will veto any tax increase.

— Susana Martinez