What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, every household in America by 20 percent. And we’ll have to broaden the base to pay for that. Also, a very deep cut in the corporate rate.
The real issue for the public is to figure out which narrative do we want. We can have a bigger government, if that's the public's choice. It'll just require higher taxes on every American. Do you want that, or do you want smaller government, smaller taxes?
Cricket is the greatest game that the wit of man has yet devised.- Sir Pelham Warner
Advertising is selling Twinkies to adults.- Donald R. Vance
The struggle of the male to learn to listen to and respect his own intuitive, inner prompt...- Herb Goldberg
Each generation of the church in each setting has the responsibility of communicating the ...- Francis Schaeffer
Each had defended his own country; the Germans Germany, the Frenchmen France; they had don...- Ernst Toller
Comments on: "Glenn Hubbard Quotes: The real issue for the public is to figure out which narrative do..."
We pursued the wrong policies. George Bush is not on the ballot. Bill Clinton is not on the ballot. Mitt Romney is on the ballot, and Barack Obama is on the ballot. And Mitt Romney is proposing tax reform, regulatory reform, a wise budget strategy and trade. The president has proposed tax increases.
President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt – including his own bipartisan National Commission on Fiscal Responsibility and Reform – and submitted no plan for entitlement reform.
In response to the recession, the Obama administration chose to emphasize costly, short-term fixes – ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in ‘green’ companies. As a consequence, uncertainty over policy – particularly over tax and regulatory policy – slowed the recovery.
I think the ethos for Gov. Romney is to use a whole variety of policies, of which tax policy is one, to try to raise the rate of growth. We’ve had a recovery from the financial crisis that would be well below what one might normally expect for a recovery from such a deep recession. And to counteract that we need better tax policy.
|Birth:||4th September, 1958|
|Profession:||Economist, Politician, Professor|
Robert Glenn Hubbard is an American economist and academic professor. He is currently the Dean of the Columbia University Graduate School of Business, where he is also Russell L. Carson Professor of Finance and Economics. Hubbard previously served as Deputy Assistant Secretary at the U.S. Department of the Treasury from 1991 to 1993, and as Chairman of the Council of Economic Advisors from 2001 to 2003.
Quote of the day
Our mission is to motivate, boost self confiedence and inspire people to Love life, live life and surf life with words.