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Response to ProSense (Reply #3)

Tue Jan 28, 2014, 01:18 PM

4. "the various tax cuts"

were what I call "the accursed payroll tax cut".

As the data shows, it was NOT primarily a "tax cut for low income workers".

You'd know that, if Krugman ever bothered to write about it, but maybe he's just too busy counting his $4,000.

http://www.whitehouse.gov/economy/jobsact#sub4-tab

As Citizens for Tax JUSTICE showed in their analysis (which matched mine) the top 10% got far more of the accursed payroll tax cut than the bottom 40% did.

That's why I called it trickle down, even if Krugman was in favor of it.

I called him a liar. Is it a "lie" if somebody (who knows better) is all "rah, rah, hooray for the payroll tax cut" without ever mentioning that, by far, more of the benefits go to the top 20% than go to the bottom 60%? Is it a lie to call THAT a "tax cut for low income workers"? (which Krugman never did, at least not in your snip. He said "workers" without mentioning "low income".)

I would call that "a lie by ommission". He knew the truth (that it favored the top over the bottom) but never talked about the truth as he promoted it.

Bush promoted his tax cuts in much the same way.

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hfojvt Jan 2014 OP
ProSense Jan 2014 #1
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hfojvt Jan 2014 #4
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