Mark Zandi Quotes About Taxes
-
It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.
→ -
Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general.
→ -
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.
→ -
The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.
→ -
Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.
→ -
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.
→
Related Authors
-
Dean Baker Economist -
Christina Romer Professor -
Charles R. Morris Lawyer -
Jared Bernstein Chief Economist and Economic Policy Adviser -
Alan Blinder Economist -
Austan Goolsbee Economist -
Rick Santelli Editor -
Douglas Holtz-Eakin Economist