Can we stop with the Paul Krugman posts already?

[timdog44]

100. Precisely.

And simply said. And easy to understand. If I don't have any money I don't spend it on products.

The problem is people have the idea that our president is trying to take their money away. Of course if you make over $250,000 you are in the top 5% and are well able to afford a higher tax rate. What is the big deal? It is only just in the past few decades that the tax rate on the top 5% has been so low. Maybe if it is an income based on small business, you should pay your employees more. If it is because of high pay jobs, you should be proud to contribute to society because you can afford to. The real problem is the top 1% don't come even close to their fair share and have convinced the well off that their money is being sucked out and given to the "welfare queens". It is a divide and conquer situation. If the top 1% did pay their fair share, and we did not have a monstrous defense budget with wars all over the world, tax rates would settle into a fair place. Jobs could then be created by our government and that would stimulate private sector jobs.