Goldman Sachs Says Tax-Cut Expiration Would Erase First-Half U.S. Growth
thestatedtruth.com | September 23, 2010
Even a temporary lapse in the tax provisions “would essentially wipe out most of the modest growth we expect in the first half of 2011,â€Â Goldman Sachs Letting all of the roughly $270 billion in tax cuts lapse would subtract almost 10 percentage points from annualized disposable income growth in the first quarter of 2011. […]
