Paul Krugman: US Tax Policies Benefit Rich

Tuesday 4 October 2011

It seems as if a number of people in the media have decided that President Obama was fibbing when he said that some millionaires pay lower tax rates than their secretaries — because, as the usual suspects triumphantly declare, on average millionaires pay higher average taxes than middle-income Americans.

This is, of course, stupid: the operative word is “some.”