Krugman's intended audience are the lower income people, he believes the wealthy should pay higher taxes. His argument is based on the wealthy complaining about the unfairness of higher taxes being placed on them. As Krugman said, "Politicians spend a lot of time hanging out with the wealthy. So when the rich face the prospect of paying an extra 3 or 4 percent of their income in taxes, politicians feel their pain, - feel it much more acutely, its clear, than they feel the pain of families who are losing their jobs, their houses, and their hopes." It is because they do not know or fail to realize what lower-income families face, and they choose to let them suffer more than the rich, but to make money you have to spend money so the wealthy should realize that equal taxes is not the best solution for the economy. In the end as Krugman said, "the people currently defending the incomes of the elite will go back to demanding cuts in Social Security and aid to the unemployed."
I agree with Paul Krugman's argument because some wealthy people who has large companies have been bailed out by taxpayers funds, but they refuse to pay higher taxes. In the end when the economy is down again the money will be used to help them out. They also believe that their company should get be helped out, but are angry when the suggestion of those bailouts should include temporary limits on their bonuses. It is ridiculous, they should be grateful that they won't lose their jobs, or anything else, instead they are more worried about more money. I strongly believe that the wealthy should be taxed more, because it is not like they do not have the money. In the end as Krugman said, "America must make hard choices, they'll say; we all have to be willing to make choices, they'll say; we all have to be willing to make sacrifices. But when they say we, they mean you."
Sacrifice Is For The Little People!!
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