Monday, January 7, 2008

Paul Krugman Has a Rich Fantasy Life

Paul Krugman, New York Times, 1/7/2008:
You see, for 30 years American politics has been dominated by a political movement practicing Robin-Hood-in-reverse, giving unto those that hath while taking from those who don’t.

Meanwhile, Greg Mankiw reproduces an image from the Wall St. Journal on his blog, indicating that the richest 5% of U.S. taxpayers in 2005 paid 60% of all income taxes.

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