increase
catdynamics | September 17, 2010Krugman is is on fire today, as he has been for a while, this time talking about the tax cuts.
But, even he makes an essential error that all the democrats seem to be making.
It is not about Bush's tax cuts, or keeping Bush's tax cuts or Obama raising taxes.
Bush, for whatever reasons, proposed and got passed tax cuts that expire this year.
That is it.
They will be no more. Any changes in the tax code beyond that are not Bush's.
So, at the end of this year, there will BUSH'S TAX INCREASES.
That is the status quo, as set in law and signed by President Bush.
If your tax increases next year, it…