Poll: 70% of economists favor extending Bush tax cuts

The 53 surveyed economists, not all of whom answered every question, offered a bleak picture of tepid growth and high unemployment. …

The economists, though, generally didn’t support the idea of ending Bush-era tax cuts, which will expire at the end of this year unless Congress acts. Just three respondents said that the tax cuts on individual income should be allowed to expire for everyone. Thirty-two economists said they should all be extended, while 11 said they should be extended for people making less than $250,000 a year—the policy option backed by the Obama administration.

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