‘and in their madness they’re inadvertently revealing their true selves’
The irony of him, of all people, making that statement is delicious.
Krugman has the distinction of being the most discredited economist in history. And a Nobel winner, to boot.
Check Krugman’s B.A.C.
To pay for evil, power hungry people to rule our lives? What could go wrong?
Wait a minute. Krugman is a Marxist? Who knew?
Wonder if Kruggie sold off all his stocks after the Trump crash in November 2016, like he said he would?
Stick a Gun in Krugman’s Stomach and ask him to hand over all his hard earned money and see how he reacts.
Betcha he won’t be praising the Robber, but he praises an out of control tyrannical Government for doing the same thing to everyone else, albeit using different methods.
Let’s play along. If you live in New York City, you’ll pay the 75% Federal tax, the 8.8% New York State top income tax rate, and the NYC 3.9% top rate. That’s a total take of almost 88%.
Interestingly, the higher your Federal taxes are, the more dramatic the effect of State and local taxes on what’s left.
Krugman talks about roughly 75% Federal tax... which leaves 25%, of which New York City residents would have to give up more than half.
Everyone in high brackets would leave states and cities with signigicant local tax would run for the exits!
What the socialists really want isn’t a punishing income tax on the rich; rather, they want a wealth tax. Wait and see.
Everyone talks as though inequality was a bad thing. For all incomes to be equal must assume that all talents are equally distributed and valued and so is risk. If that is not the case, then there is no reason for incomes to be equal. Is Cortez really saying that the person flipping hamburgers is of equal value to the person who changes the warning light on top of the 2000' KVLY TV tower in ND? Contrary to popular belief, people from low income families do become rich, but only through effort. Far too often people are poor because they frittered away opportunities to improve themselves. Seeking income equality is a Fool's Errand, and this bimbo from NY is just the latest to take up the task.
Krugman forgot to say that she's clean.
I can only conclude that he's not as smart as Joe Biden.
Communism never looked so good.
Why stop at 70%?
Why not make it 100%? :)
Gee. Wonder why that jerkwad’s growth v tax rate chart stops before 2018?! Actually, I don’t. He is hiding the growth under President Trump.
Gees, let’s trot out Obama’s socialistic economists and use them to set marginal tax rates at 80% on the rich. Another Nobel Laureate, as long as you’re dropping names, said that the tax rate should be 17% for everyone, rich and poor, with no deductions of any kind. His name was Milton Friedman, and I’d stack him up against any of the economists mentioned here.
Also, since the top 10% already foot 72% of all tax receipts by the IRS while 51% pay nothing, I think the rich deserve a tax break so they can pay their fair share. As to you 51% parasites, you shouldn’t even get the right to vote. After all, no skin in the game, why should you?
It's the people who have fought long and hard to eventually start making a good income (that they hope to accumulate into wealth over time) that pay the price when taxes are raised. They are being punished for their drive, ambition, and enterprise. Many went years and years without making squat, with the expectation that if they continued to work hard it would eventually pay off.
Some went to school or trained for years to be a professional of some sort - accumulating student debt and making a pittance in the first years when they finally finished their training. Some took risks and put their sweat and blood into starting businesses. These kinds of people depend on their annual income, and play ‘catch up’ for years after they start earning. These are the people who will pay under an idiotic system like Krugman is espousing.
Of course, it won't affect people like Bloomberg, or any of the other - “I got mine, am beyond taxes, and look down my nose at you, but like the idea of being an ‘intellectual’ who talks theoretically about helping ‘little and needy people’ who won't ever dine with me or live near me” - types.
Justice would be if Krugman had to actually do a real days work. If he were 10% as intelligent and ‘thoughtful’ as his delusions lead him to believe he is, he would not hold the same views as he does. But, he's not. He's just a typical ‘my son is special’ POS from a lily white town in Nassau county who doesn't know his a** from a hole in the ground - but thinks he is an expert on social justice and should tell everyone else what to think. To debate him would be a real sleeper.
Krugman really does refuse to take his meds for days. Drives his family crazy.
Krugman v. Krugman
https://marginalrevolution.com/marginalrevolution/2012/01/krugman-v-krugman.html
Krugman Kontradictions
https://www.zerohedge.com/news/2018-10-04/krugman-kontradictions
Has anybody asked Steph Curry and LeBron James what they think about this? How about Kanye and Beyoncé?
-PJ
Step 1. Blast most of the productive capacity of the world into smoldering rubble.
Step 2. Implement stupid economic policies because your potential competitors look like this:
And anyone who wants to escape the high US taxes has nowhere else to go.
Since step one hasn't been done, we can't escape the natural economic effects of step 2. Beijing and Brussels will thank Occasional-Cortex for her tax plan for the US.
Earth to Kruger, she’s a bimbo.
“we shouldn’t care what a policy does to the incomes of the very rich”
He pretends that this is economics, rather than politics (or simple plunder).
