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Economists urge prompt tax hike despite inflation fears
A group of 260 economists from major universities urged Congress to raise taxes promptly to curb rising federal deficits and inflation. They supported early enactment of tax legislation along President Johnson's proposals, with no fixed amounts, and noted no necessary federal expenditure cuts. The signatories included Walter W. Heller George Bach Joseph Pechman and others from Harvard Stanford MIT UC Los Angeles and Princeton.
MENTIONED IN THIS ARTICLE
Washington
Iibe
Congress
Walter W. Heller
University of Minnesota
President's Council of Economic Advisers
George L. Bach
Stanford University
Joseph A. Pechman
Brookings Institution