Paul Krugman Quotes About Taxes

Quotes about: Taxes

• Political figures who talk a lot about liberty and freedom invariably turn out to mean the freedom to not pay taxes and discriminate based on race; freedom to hold different ideas and express them, not so much.

  Paul Krugman

  Mean, Race, Ideas

• Tax cuts were not going to be effective at creating jobs, and the job creation record is lousy.

  Paul Krugman

  Jobs, Cutting, Creating

  "NBC's Russert Refs Debate Between Bill and Krugman". "The O'Reilly Factor", www.foxnews.com. August 10, 2004.

• Raising the minimum wage and lowering the barriers to union organization would carry a trade-off - higher unemployment. A better idea is to have the government subsidize low-wage employment. The earned-income tax credit for low-income workers - which has been the object of proposed cuts by both President Clinton and congressional Republicans - has been a positive step in this direction.

  Paul Krugman

  Philosophy, Cutting, Government

• America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.

  Paul Krugman

  Ideas, America, Keys

  "Life, Death and Deficits" by Paul Krugman, www.nytimes.com. November 15, 2012.

• In fact, I'd say that the sources of the economy's expansion from 2003 to 2007 were, in order, the housing bubble, the war, and - very much in third place - tax cuts.

  Paul Krugman

  Philosophy, War, Cutting

• Wealthy individuals bought themselves a radical right party, believing - correctly - that it would cut their taxes and remove regulations, but failed to realize that eventually the craziness would take on a life of its own, and that the monster they created would turn on its creators as well as the little people.

  Paul Krugman

  Party, Believe, Cutting

  "The Economics and Politics of Chaos" by Paul Krugman, krugman.blogs.nytimes.com. October 01, 2013.

• Some years down the pike, we're going to get the real solution, which is going to be a combination of death panels and sales taxes. It's going to be that we're actually going to take Medicare under control, and we're going to have to get some additional revenue, probably from a VAT. But it's not going to happen now.

  Paul Krugman

  Real, Years, Vat

  "Madeleine Albright, Sen. Lindsey Graham, Sen. Kent Conrad and David Cote". "This Week" with Christiane Amanpour, abcnews.go.com. November 14, 2010.

• For decades the G.O.P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation and tax cuts for the wealthy — a process that reached its epitome when George W. Bush won re-election by posing as America's defender against gay married terrorists, then announced that he had a mandate to privatize Social Security.

  Paul Krugman

  Cutting, Gay, America

  "Severe Conservative Syndrome". www.nytimes.com. February 12, 2012.

• Congress has always had a soft spot for "experts" who tell members what they want to hear, whether it's supply-side economists declaring that tax cuts increase revenue or climate-change skeptics insisting that global warming is a myth.

  Paul Krugman

  Cutting, Climate, Experts

• It has been obvious all along, to anyone paying attention, that the politicians shouting loudest about deficits are actually using deficit hysteria as a cover story for their real agenda, which is top-down class warfare. To put it in Romneyesque terms, it's all about finding an excuse to slash programs that help people who like to watch Nascar events, even while lavishing tax cuts on people who like to own Nascar teams.

  Paul Krugman

  Real, Team, Cutting

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