If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business. Austan Goolsbee businesscorporatecount share on social
For policy makers interested in using tax policy to stimulate investments or especially to smooth business cycle fluctuations, the results are not promising. Austan Goolsbee businesscyclefluctuation Change image and share on social
I don't believe, the president doesn't believe, that the high income tax cuts work, period. I don't think the evidence supports that. Austan Goolsbee cutevidencehigh Change image and share on social
It's clear that the medium and long-run fiscal challenges facing the country have to do with the rise of entitlement spending, they have to do with the longer run imbalances that we've created in the structure of the system. Austan Goolsbee challengeclearcountry share on social
I am a data hound and so I usually end up working on whatever things I can find good data on. The rise of Internet commerce completely altered the amount of information you could gather on company behavior so I naturally drifted toward it. Austan Goolsbee alteramountbehavior share on social
The share of income that small business people are paying in taxes is the lowest it has been in 65 years - since Obama has cut taxes 18 or 22 times for small business. Austan Goolsbee businesscutincome Change image and share on social
Giving Northern Europe a veto over Southern Europe's budgets will not hold a monetary union together. The euro zone will continue to need the weaker countries to stomach decades of high unemployment to grind down wages. Austan Goolsbee budgetcontinuecountry share on social
The only question where there is disagreement is should the highest income rates above a quarter million dollars a year go back to where they were under Bill Clinton. That is the dispute about the taxes. Austan Goolsbee backbillclinton share on social
If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression. Austan Goolsbee answeraskavoid share on social
So more than 8 million people lost their jobs. It's going to take a significant push on our part and time before that comes down. I don't anticipate it coming down rapidly. Austan Goolsbee anticipatecomejob Change image and share on social