Mark Zandi Quotes About Taxes

Quotes about: Taxes

• 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.

  Mark Zandi

  Running, Home, Past

• The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

  Mark Zandi

  Holiday, Payroll Tax, Numbers

  "A 40 Percent Chance of Economic Doom". Interview with Elizabeth Weingarten, www.slate.com. October 18, 2011.

• 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.

  Mark Zandi

  Home, Appreciate, Giving

• 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.

  Mark Zandi

  Jobs, Fall, Home

• 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.

  Mark Zandi

  Mistake, Recovery, Cutting

• Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.

  Mark Zandi

  Thinking, Would Be, Taxes

  "Fox News Sunday With Chris Wallace", www.foxnews.com. August 15, 2010.

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