Tuesday, September 18, 2012

Krugman on the tax-cuts-for-small-business meme

If you're wondering why the Republican National Convention this year had so much talk about small business, Paul Krugman gives a succinct description of the main reason in Five Points To Nowhere 09/17/2012: "Tax cuts for small businesses actually means tax cuts for rich people; there's a small subset of rich people who own small businesses. But Romney has to cloak the real policy in mom-and-pop rhetoric."

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