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.

Tags:


Sign up for the Daily Update email
Favorite

Comments (9)

Showing 1-9 of 9

Add a comment

 
Subscribe to this thread:
Showing 1-9 of 9

Add a comment

More by Max Brantley

  • Suddenly, Rutledge is interested in state's terrible landlord-tenant law

    Crocodile tears from Attorney General Leslie Rutledge on the state's terrible landlord-tenant law. Given a chance to do something meaningful about it before, however, she didn't.
    • Jul 16, 2018
  • Reports filed on casino amendment

    Initial financial reports have been filed by groups pushing a casino expansion amendment and the major financial force so far is the Quapaw tribe of Oklahoma, which is in the casino business. Another Oklahoma tribe, a gambling machine organization and a Mississippi gambling enterprise also are listed.
    • Jul 16, 2018
  • Re Trump: The Arkies say......

    Trump getting trashed for cozying up to Putin, from Fox News to John McCain. Now Arkansans are being heard from. Example from Sen. John Boozman: "Russia is not our friend."
    • Jul 16, 2018
  • More »

Readers also liked…

  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017
  • Honeymoon appears over for Sarah Huckabee Sanders, Baghdad Barbie of Trump White House

    The reviews aren't kind for Sarah Huckabee Sanders' honesty as White House press secretary
    • Feb 9, 2018
  • Your daily dose of Jason Rapert

    Sen. Jason Rapert really, really didn't like it when a KATV reporter asked him about the hypocrisy of his political arguments.
    • Feb 4, 2017

Most Viewed

Most Recent Comments

  • Re: Re Trump: The Arkies say......

    • I was home, and saw the entire abomination. Trump's long game is indeed evidenced by…

    • on July 16, 2018
  • Re: Trump-Putin: As bad as expected. At least.

    • Stu was maybe in the military but one must wonder the military of which nation?…

    • on July 16, 2018
  • Re: Another week begins

    • This was a case on CSI Las Vegas a couple of years, not an original…

    • on July 16, 2018

Slideshows

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation