The rich get richer and the poor get taxed.
 

Krugman: This race really is about the rich versus the rest - Houston Chronicle

I doubt if very many Villagers qualify for the 1% club.

Horse feathers!

keep posting bs

Interesting turn of phrase. It sounds like Mitt Romney is trying to sell us horse feathers from the article. http://www.chron.com/opinion/outlook...ch-3711241.php

And, if Mitt Romney is elected President it is sure as the dawn will come tomorrow that he will raise taxes on the middle class and poor. How else is he going to handle the national debt?

Krugman is a partisan hack. He's "working" for the Obama reelection campaign. You expect a favorable look at Romney?

You cannot be serious about this. over 70% of all the taxes are paid by those you choose to demean. Krugman and Obama...quite a pair,,,let the class warfare wage on. Tax them but stop with the demeaning of anyone who has money.....all I can think of is jealousy...if we can get those mean bad old rich people to pay in even more, what else might we be able to get from the government...over simplified for sure as is the arguement about the 99% and the 1%. Ever meet any of those who represent that 1% movement ?

Fix the tax code...I am for that and so are all rich people and even those damn rich Republicans, but stop with demeaning anyone who has lots of money. Those are nothing but stupid generalities !

Try this link if you like to read about Krugman and Obama...

What If Barack Obama And Paul Krugman Ran A Business? - Forbes

The bigger problem is 47% pay nothing.The top 10% pay over 70% of taxes and earn only a little of 40% of all earnings.

This administration, it appears, has sold you totally. The community organizer dialogue at its best !!! You like to research...research the background of your president and them compare it to his presidency and tell me what you see. A leader ? A unifer ? And yes, as I hope you are doing I am making some generalaties but the truth is there.

I certainly did not expect to be alive for this...american versus american depending on your registration card and bank account.

That Forbes piece is just satirical writing that has very little to do with reality. The national debt is very real. So are Mitt Romney's ideas about the best and brightest of business getting the best deals from the government tax collectors.

I have no idea of why you are ...well, the issue is you are doing the bidding of this campaign an at every turn make it rich versus poor.

You are correct....the national debt is huge and growing and the question is who can lead this country to both parties doing something. The man in the WH has been there for 3 years and it is worse than ever.

The new healthcare law does not come due yet, but it has doubled in price since it was passed unread by our leaders and if you review how it is supposed to be paid on assumptions, those assumptions already look very shaky.

We need leadership and this man has made this country more divided than ever and the promulgation of rich versus poor rhetoric is simply making it worse.

And the point of my link was that you come on here and give us a link from a cronie of the President and give it credence....well, my link showed how much of a crony he is which to me makes any link to him supporting the President very suspect. Try a few other sources....better yet...read about the tactics of our President in Chicago as a young guy...same tactic...same message....rich versus poor

Can I, can I, can I be one of the 1 %ers.

I do not see the cronyism of Paul Krugman. I know that the Forbes writer links Obama with Krugman, but I do not really see that this economist is a huge fan of the Obama Administration.

I usually am concerned about the source of my links...you are not obviously.

He is FAMOUSLY pro Dem and FAMOUSLY anti Rep.

That alone does not make him wrong but it surely has to be considered and he is a "shill" for the administration.

He is a liberal and shamelessly so. I did find a lot of criticisms though aimed by Paul Krugman at every Presidential Administration since Reagan's. http://www.leighbureau.com/speaker.asp?id=100

http://en.wikipedia.org/wiki/Paul_Krugman

Was not trying to give you a hard time but folks come on here with links and think they are supplying FACTS and validation. I can take any subject and find a link to support it or dis prove it on the internet. A link is NOT giving facts and even then the post needs to be put into context as most people on here do not even read the link.

I try, not always successful to validate something I read and want to post....people still do not accept it, but I always check who wrote and check on them.....the fact that it is on the internet or in a certain magazine does not make it fact.

If you look at Paul Krugman's various writings he is critical of both Republican and Democratic economic policies. It is kind of his field to make criticisms of these policies. I do not see him as a puppet of any politicians.

Not going to argue with you...it is not that big of a deal, but rest assured for YEARS, when the Democratic party needs an economic talking head they call on Krugman whether to support them or critique the other side. That does not make him a bad guy and I cannot think of any SUBSTANTIAL issue that he ever leaned right...ever !!!

But they both have shills that they use

For me, he does not get the credibility I may give others for that reason, thats all.

you obviously do not have a clue as to some of the things that can be done. For instance suspend the capital gains tax for 10 years. That would bring investment to the country. Investment for small businesses etc.

Cut the corporate income taxed to a level that is the lowest in the world. That will attract businesses to come to America and it will be an incentive for a lot of businesses to come home. Jobs jobs jobs, the more people who have jobs but more people there will be paying taxes. The more people who will be paying taxes the more taxes there will be in our coffers.

Basic economics is all you need to understand that increasing taxes is really counterproductive as far as the private sector is concerned. There has been no indication that the present president has had any thoughts of using the higher taxes that he wants paid to be used for anything other than expanding government.

I don't expect you to understand any of this because you're so blinded by your ideology. Socialism has failed throughout the world. You may pick one or two very small countries as anecdotal evidence of its great success but the truth is Socialism needs capitalism to survive and once you get rid of capitalism Socialism dies.

Clinton tax rate 39.6% .... 20 million jobs created
Bush tax rate 35% .....663,000 jobs created

I personally can't see that an additional tax on the so called 1% will ever become law. Nancy Pelosi, Harry Reid, Bill Clinton, Barack Obama, Oprah Winfrey, Ellen DeGeneris, Warren Buffet, Bill Gates & other members of that 1% won't allow it. Why doesn't O.B. just forget about a law, and ask the 1% to contribute to the national debt? I'm sure they would be happy to.

Why did you just name the Democrats who are very rich? What about Republicans who are very rich? It is the Super Pacs of the Republican wealthy who are behind the not raising taxes on millionaires.

buggyone - did i miss a news report that wealthy democrats are in favor of increased taxes on their earnings? i once heard a report that warren buffet thought the taxes should be increased - but i never heard that he volunteered to pay more...after all, he doesn't collect a salary - he lives off capital gains which are taxed at a lower rate. so what does he care how regular income is taxed anyway. and we all know about the bill and melinda gates foundation that they pour much of their spare change into in order to offest their earnings. which super pacs are behind not raising taxes on millionaires - can i find them on-line?

Once again, wubers are DEFLECTING AND DIVERTING the questions. Typical and therefore, ignored.

People living in The Villages are very close and many are in the so-called 1%. Who else can afford the high prices of the new built houses that are pushing $1Mil?
The debt is high because BHO wants to destroy the US economy and build a Socialist Utopia on the ashes. He made ObamaCare, does not do anything to trim Medicare costs, but he raided the Medicare fund to pay for Obamacare.

A vibrant economy like we had before would generate enough revenue at a lower percentage, but a bigger tax base. Reagan did it.

Excellent Post, now explain with some specifics please
 

I am very interested in your comment. As you seem very familiar with the features of ObamaCare, tell me about the raiding of the Medicare fund? You are saying that this law takes money away from "the Medicare fund"? And you are clear that nothing in ObamaCare is aimed at trimming the cost of the Medicare program?

I tried looking up the tax rates under the Reagan administration so I could compare them to those we have now, both on businesses and individuals, and as a percentage of GNP but I just couldn't find the right ones as everything I found showed that that tax rates were higher under Reagan than under Obama and that the largest tax increase in peacetime in US history was signed by Reagan, as well as the largest decrease in tax rates for the highest earners. Please help me out with some specifics. Of course with a Socialist Muslim, Kenyan in the White House, we don't really need specifics beyond those epithets to know we need to get him out.

i make no attempt to deflect or divert - i ask in the spirit of wanting to know if i missed something. but, fine, ignore the first part of my inquiry and please answer the 2nd question...which super pacs are behind not raising taxes on millionaires and can i find them on-line? i would like to find out as much about them as you seem to know.