Fuzzy Math: The Essential Guide to the Bush Tax Plan

Fuzzy Math: The Essential Guide to the Bush Tax Plan

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by Paul Krugman, George Walker Bush
     
 

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Wielding his widely recognized powers of explanation, Paul Krugman lays bare the hidden facts behind the $2 trillion tax cut.

Overview

Wielding his widely recognized powers of explanation, Paul Krugman lays bare the hidden facts behind the $2 trillion tax cut.

Editorial Reviews

bn.com
New York Times editorial page correspondent and Princeton economics professor Paul Krugman goes behind the political spin control, outlining how and why the proposed Bush tax cut would: eliminate the surplus (and put the budget back into a deficit) while it overstates it at the same time; fail to give the flagging economy the boost it claims to; benefit the extremely wealthy, while not doing much for those who need tax relief the most; force a raid on the Medicare surplus; and choke off spending on vital government services. Krugman also addresses the debate over cutting or eliminating the estate tax: He explains that as it only affects the profoundly rich, it would do nothing to help the vast majority of taxpayers. Rather, he says, it is the payroll tax that should be adjusted to help those who need help most.(Nicholas Sinisi)
Booknews
Economist Paul Krugman analyzes the Bush and other tax proposals, showing who wins, who loses, and how quickly the tax cuts will consume the surplus. He argues that although the tax cut might not be a matter of economic life or death, it has become a central political issue that has a distorting effect on the debate on other issues and discourages crusaders from telling the truth about their own proposals. He also maintains that reporters and TV commentators don't understand the basics about the federal government and that they, together with politicians, have confused the public. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780393050622
Publisher:
Norton, W. W. & Company, Inc.
Publication date:
05/01/2001
Pages:
112
Product dimensions:
5.80(w) x 8.40(h) x 0.70(d)

Meet the Author

Paul Krugman is the recipient of the 2008 Nobel Prize in Economics. He is a best-selling author, columnist, and blogger for the New York Times, and is a professor of economics and international affairs at Princeton University.

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Fuzzy Math: The Essential Guide to the Bush Tax Plan 5 out of 5 based on 0 ratings. 1 reviews.
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