What Krugman Said
by tristero
The important thing to understand now is that while the election is over, the class war isn’t.
…the increase in life expectancy is concentrated among the affluent; why should janitors have to retire later because lawyers are living longer?
…there is, in fact, no way limits on deductions can raise as much revenue from the wealthy as you can get simply by letting the relevant parts of the Bush-era tax cuts expire. So any proposal to avoid a rate increase is, whatever its proponents may say, a proposal that we let the 1 percent off the hook and shift the burden, one way or another, to the middle class or the poor.
…you need to look very closely at any proposals coming from the usual suspects, even — or rather especially — if the proposal is being represented as a bipartisan, common-sense solution.
Exactly.