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In reply to the discussion: Krugman: Obama and the One Percent [View all]MannyGoldstein
(34,589 posts)54. So the fed tax rate under Obama more than doubled for the wealthiest?
Last time I checked the IRS figures, the wealthiest paid at about a 17% rate, e.g.,
(And that's 17% of an artificially-low number to begin with, as that lunatic Romney showed us.)
Obama doubled it? Absolutely fantastic if true, but it doesn't smell right, considering that only 25% or so of the Bush tax cuts expired. Let's see if Krugman comments some more.
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tax rates apply to adjusted dollars. The tax loop holes greatly impact actual taxed dollars
Herself
Jan 2014
#1
Uh oh, I suspect Krugman is now going to get thrown under the bus for praising Obama.
stevenleser
Jan 2014
#3
Snarks, and boojums, come from Lewis Carroll's 'The Hunting of the Snark'
muriel_volestrangler
Jan 2014
#50
so, anyone who doesn't declare class war on the upper middle class is a fraud in your estimation nt
geek tragedy
Jan 2014
#48
I guess you could have cut a better deal by waving your Internet magic stick
geek tragedy
Jan 2014
#97
Sadly, Kraugman has become a full time cheerleader for this administration. Bummer. nt
Demo_Chris
Jan 2014
#32
Ouch! Shoot that messenger! Times are tough when Nobel-prize winning liberal economist has to
pampango
Jan 2014
#39
rule of practice: when one person argues with numbers, and the other responds
geek tragedy
Jan 2014
#47
FDR was a millionaire. It seems possible to be a millionaire and a liberal at the same time. n/t
pampango
Jan 2014
#75
So liberal economists are judged by different rules than liberal politicians. Got it.
pampango
Jan 2014
#78
No, it simply supports my contention that it would have to have roughly doubled. nt
MannyGoldstein
Jan 2014
#57