Paul Krugman: Why A Flat Tax Fails

20 October, 2011 MSNBC

Category:

News & Politics

Tags:

• paul
• krugman
• flat
• tax
• rachel
• maddow
• interview
• politics
• political
• forbes
• millionaire
• billionaire
• taxation
• congress
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• Election
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[justxav]

love your channel dude

[FixedNewsChannel]

@justxav - Thanks man!

[Jack194343]

If you are poor, old, gay, unemployed, belong to a union (a teacher, civil servant, Postal Worker, police, or fireman) a woman using birth control, working a dangerous job that relies on gov regs for safety, if you want to protect the environment, are sick without health insur, a student trying to pay tuition, Islamic, Mormon, black, or Hispanic--the GOP is your enemy. It’s un-American, an alien invader killing this great nation with a narrow minded, pro-corporate deluge of greed & hate.

[scw3967]

@Scattnam Why do 50% of youtube political comments consist of vulgarity, stupid personal attacks, and incoherent arguments? Why do the people who post these comments seem to lack a basic knowledge of the English language, behave irrationally, and adhere to some abstract concept of how the world should work? By posting this comment, you are in the same league as the narrow-minded leftists who troll around the internet blaming rich people, corporations, and capitalism for all of humanity's woes.

[Scattnam]

@scw3967 I make $17,220 a year and i am voting GOP fuck you liberals who just want to punish the successful AND FOR WHAT? You fucks are the reason why poverty exists, you jackass fucktard. I hatel iberalism WE NEED A FLAT TAX!!1!!!!!

[scw3967]

@Jack194343 There is no reason for anyone making under $500,000 a year to vote for the GOP

[derivativesarecool]

@Jack194343 Are you high, delusional, or both? This kind of rhetoric drowns out intellectual conversation of any substance.

[Laughingblades]

ZOMG Get her response to the Koch Brothers!

[Laughingblades]

Simplifying the Tax code is very possible and very desirable, one of the first things we should do is go gut all the loop holes that allow rich people to abuse tax havens, and make it easier for businesses to do a one stop registry. The tax code as applied to any business should be and could be simple enough to fit on a note card, there's no reason for the jungle of legalees written by bankers for the rich that we currently have.

But a Flat Tax is a TERRIBLE idea, we need Income Based Taxation!

[marcomariaz26]

A family with an annual income of about 90k should be able to deduct 100% of the costs of living and raising children. After all of life's expenses, that 90k is closer to about 30k for tax purposes. If Perry's plan allows for that, I'm 100% on board, baby!!!

[torr59622]

@Jack194343 Perry wont get elected, and Romney, if he wins the whole thing, will be more to the center than anyone expects. Like a 1998 Clinton.

[torr59622]

@Jack194343 Remember to watch when using words like "minorities" or "Hispanic" when making your points-the mainstream media constantly fucks this up. Minorities include Asians, and 'Hispanic" can include about 20 diff. ethnicities, all with sometimes conflicting idealogy. A Puerto Rican in NY could care less about Mexican immigration in California. A white collar Argentinian doesnt have the same agenda as a gardner from Hondoras. I would be more specfic, lest u alienate the wrong people.

[torr59622]

Nah, thats paranoia and I dont buy it. NJ is a democratic stronghold, and it would never fly in Phila or DE. But I will say the issues over here dont match the issues that could be going on in Ariz, Cal or NMex. So if your from there, I see the possible fears. But it would NEVER happen here.