The poor, poor rich folks | Arkansas Blog

Monday, September 20, 2010

The poor, poor rich folks

Posted By on Mon, Sep 20, 2010 at 6:09 AM

Paul Krugman explains why the Republican Party and some Democrats are pushing so hard to keep the angry and mewling rich people from having to pay 3 to 4 percent more on income taxes:

You see, the rich are different from you and me: they have more influence. It’s partly a matter of campaign contributions, but it’s also a matter of social pressure, since politicians spend a lot of time hanging out with the wealthy. So when the rich face the prospect of paying an extra 3 or 4 percent of their income in taxes, politicians feel their pain — feel it much more acutely, it’s clear, than they feel the pain of families who are losing their jobs, their houses, and their hopes.

And when the tax fight is over, one way or another, you can be sure that the people currently defending the incomes of the elite will go back to demanding cuts in Social Security and aid to the unemployed. America must make hard choices, they’ll say; we all have to be willing to make sacrifices.

But when they say “we,” they mean “you.” Sacrifice is for the little people.

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