Posted on 07/14/2014 2:41:40 PM PDT by ThethoughtsofGreg
New York Times columnist Paul Krugman recently used his weekly column to take aim at pro-growth tax reform and the Rich States, Poor States ALEC-Laffer State Economic Competitiveness Index. Krugman pulled no punches while dismissing the pro-growth impact of tax reform—Kansas’ recent tax reform specifically—seeing it fit to call those he disagrees with “charlatans and cranks.” Issues of projection by Krugman aside, he is wrong on the economic evidence for tax reform and wrong on Kansas. His errors, omissions, and innuendo in the place of facts warrants correction.
First and most broadly, Krugman is wrong on the economic evidence analyzing whether taxes matter to economic performance. Dr. William McBride of the Tax Foundation has surveyed the academic evidence on taxes and growth and finds that great than 90 percent of peer-reviewed studies conclude that taxes—overall burden and most severely, taxes on personal and corporate income—do negative impact economic growth.
(Excerpt) Read more at americanlegislator.org ...
Krugman is a fake economist.
The schadenfreude... It pleases me.
Krugman and Wrong are synonymous.
That would be FORMER ENRON ADVISOR Paul Krugman. Who would ever listen to him?
Naturally we assume that he just pays his 39% right off the top without the use of TurboTax or an accountant, or taking any deductions right?
Well, right?
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