Regalia Warns Against Tax Hikes

MacFadyen, Ken
May 2010
Mergers & Acquisitions Report;5/10/2010, Vol. 23 Issue 19, p24
The article reports on the warning of Martin Regalia, chief economist of the U.S. Chamber of Commerce, of a possible tax hikes in the country. He notes on the importance of high employment rate for the country's economy. He thinks that the economic growth potential of the U.S. economy is about 3.5%, which is not enough to stimulate job growth. He notes that tax increases can stimulate spending growth.


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