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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Alex MG who wrote (256770)	7/22/2014 11:27:12 AM
From: epicure	Read Replies (2) \| Respond to of 541688

Anyone could google Krugman on taxes and find a LOT of bitching about the rich- which is only right. Let's go back to the tax rates of the 50's and 60's- which were much more fair: krugman.blogs.nytimes.com

To: Alex MG who wrote (256770)	7/22/2014 11:34:49 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 541688

Come on Alex, read your own postings! <<<< jobs being destroyed spread across California in 2012 as voters debated whether to enact the sales .....tax>>>> One part of Prop 30 raised the sales tax - which is a tax on everyone including the poor. The federal tax was also across the board increase in taxes. That is as anti-Keynesian as it gets. Do you not understand Keynesian economics? In times of economic slowdowns, Keynes believed the government had to spur an increase in demand. Somehow get people to spend more. Stimulus spending is the one most often discussed, but there are others aspects of Keynes theory that leads to the same idea; that is an increase in consumption. Such as lowering the interest rates and lowering taxes. Yes LOWERING TAXES. Lowering everyone's taxes. Lowering them - not raising them. .........Thus my surprise when Krugman suggested recently to raise the gas tax. Krugman is arguing against his own stated ideology by raising the gas tax - a tax, like the sales tax of California, against all of us. Why? Maybe Krugman is seeing the results in California and is realizing some aspects of Keynesian economics are wrong. BTW, he was also wrong in Britain where their economy is rebounding at the top of the G-7 countries. He was also wrong in Greece where he suggested that the only way forward for Greece was to get out of the EU and devalue their currency. IOW, forget any discipline, play money games against other countries.