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Paul Krugman: Lies, Incoherence and Rage on Tax Cuts

"an unprecedented level of dishonesty": Lies, Incoherence and Rage on Tax Cuts, by Paul Krugman, NY Times: One thing you can count on in 21st-century U.S. politics is that Republicans will lie about taxes. They did it under George W...

Paul Krugman: Republicans Can't Even Keep Their Lies Straight Anymore

There's no precedent for the GOP's mendacity about its newest tax plan. Last week, shortly before the Senate Finance Committee approved the GOP's latest tax proposal, Sen. Orrin Hatch (R-UT) upbraided Sen. Sherrod Brown (D-MA) for pointing...Show More Summary

Paul Krugman: Are Republicans Committing Political Suicide?

Click here for reuse options! The GOP tax plan is horrible policy and even worse optics. It's difficult to overstate just how much the public reviles the latest tax bill passed by House Republicans. A new Quinnipiac poll finds that Americans...Show More Summary

Paul Krugman: Everybody Hates the Trump Tax Plan

"The only significant winners would be those making more than $1 million a year.": Everybody Hates the Trump Tax Plan, by Paul Krugman, NY Times: Looking at the reactions to Republican tax plans, I found myself remembering what people used...

Many parents face higher taxes under TCJA, even if Congress makes its credits permanent

Ernie Tedeschi as linked by Paul Krugman points to an interesting author. The math is in follow up post.: Many parents face higher taxes under TCJA, even if Congress makes its credits permanent This quick post looks at the effects of the Tax Cut and Jobs Act (TCJA, the House GOP’s proposed tax plan introduced […]

Paul Krugman: Republican Class Warfare: The Next Generation

"This isn’t just ordinary class warfare; it’s class warfare aimed at perpetuating inequality into the next generation.": Republican Class Warfare: The Next Generation, by Paul Krugman: The other day, Mitch McConnell, the Senate majority leader, admitted to The New York...

Cutting the tax on corporate profits would probably reduce US national income

Paul Krugman has been explaining (very slowly and clearly) that if the US attracts foreign investment by cutting taxes on profits, then it will have to pay the foreign investors. The Tax Foundation appears not to have noticed that loans are not gifts. First he quoted Stephen Rosenthal’s observation that the direct effect of cutting […]

Paul Krugman: The GOP Could Create a Plutocracy That Lasts a Generation

The Trump tax plan is an all-out assault on working Americans. According to the latest POLITICO/Morning Consult poll, a staggering 45 percent of voters support the GOP's latest proposal to overhaul the American tax system. While theShow More Summary

Regarding Trade Deficits and Cross-Border Investment

In a recent blog, New York Times columnist Paul Krugman raises a number of questions about the results of the Tax Foundation’s scoring of the Senate’s version of the Tax Cuts and Jobs Act proposal, in which we find that the plan would boost the long-term level of GDP by 3.7 percent (equivalent to boosting […]

I EAGERLY AWAIT PAUL KRUGMAN’S STERN CONDEMNATION OF THIS VILE ELIMINATIONIST RHETORIC. California…

I EAGERLY AWAIT PAUL KRUGMAN’S STERN CONDEMNATION OF THIS VILE ELIMINATIONIST RHETORIC. California Gov. Jerry Brown to protesters during climate speech: ‘Let’s put you in the ground.’

Paul Krugman Has a More Accurate Name for Trump's Obscene Tax Plan

Click here for reuse options! What better way to honor the GOP's nakedly plutocratic agenda? While Republicans dodge questions about Senate candidate Roy Moore's alleged molestation of a teenage girl, smirking all the while, Paul Ryan and Mitch McConnell are barrelling ahead with the party's plutocratic agenda. Show More Summary

Paul Krugman: Trump and Ryan Versus the Little People

"The end result of this tax bill would be to leave most working Americans, even those who wouldn’t face direct tax increases, worse off, all for the benefit of a tiny minority": Trump and Ryan Versus the Little People, by...

Taxes and Trade: When a Number Being "Big" Depends on the Issue

Paul Krugman had an interesting blog post today on the impact of the Republican proposal to cut the corporate income tax. While he rejected the growth claims of the Trump administration, he noted the projections of the Penn-Wharton model that the tax cuts would increase GDP between 0.3 to 0.8 percent by 2027. Show More Summary

Paul Krugman: Trump, Gillespie and the Same Old Party

"And the cynic would be right": Trump, Gillespie and the Same Old Party, by Paul Krugman, NY Times: Since last year’s presidential election a number of establishment Republicans have very publicly wrung their hands over what has happened to their...

Paul Krugman: The GOP Has Been the Party of White Nationalism for Decades

You can draw a straight line from Reagan and Bush to Trump and Ed Gillespie. Could a Virginia gubernatorial race embolden Trumpism across the country? That's the question that has Democrats so uneasy ahead of Tuesday's election, as Ed Gillespie has devoted almost his entire campaign to xenophobic fearmongering. Show More Summary

Paul Krugman: The GOP’s biggest con man isn’t Donald Trump

2 weeks agoNews : The Raw Story

During an appearance on “The Ingraham Angle” Thursday, Donald Trump told host Laura Ingraham that, “There’s a great popularity for what we’re doing in this country. They want it. They need it. They have to have it.” But if new polling is any indication, the...

Capital flows vs Kapital flows (very wonky)

This is only partly a response to Paul Krugman's posts. Mostly it's me trying to get my own head clear on something. This is a difficult topic, and this post is not as clear as it should be. So I...

Paul Krugman: Donald Trump, Paul Ryan and the Con Man Caucus

"The big question should be, why do any of this?": Donald Trump, Paul Ryan and the Con Man Caucus, by Paul Krugman, NY Times:...On Thursday, House Republicans unveiled a tax “reform” bill with the same good order and careful...

Paul Krugman: The GOP's Biggest Con Man Isn't Donald Trump

The New York Times columnist dismantles Republicans' favorite wonk. During an appearance on "The Ingraham Angle" Thursday, Donald Trump told host Laura Ingraham that, "There's a great popularity for what we're doing in this country. They want it. Show More Summary

Paul Krugman: Trump Won’t Bring Joy to Moolaville

"The party’s willingness to turn a blind eye to corruption with a hint of treason would be horrifying whatever the motivation": Trump Won’t Bring Joy to Moolaville, by Paul Krugman, NY Times: Over the weekend Donald Trump raged against the...

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