"...last fall ...the House and Senate passed rival tax-cutting bills... The Senate bill was devoted to providing relief to middle-class wage earners: According to the Tax Policy Center, two-thirds of the Senate tax cut would have gone to people with incomes of between $100,000 and $500,000 a year. Those making more than $1 million a year would have received only eight percent of the cut." -- Paul KrugmanI think this can give the misleading impression that income between $100K and $500K is "middle income". I know that elsewhere in the article Krugman gives figures that show otherwise.
I found out about this article from this bit of silliness:
"Still recovering from the mild case of indigestion I developed after reading Paul Krugman's ignorant, communistic screed in the latest issue of Rolling Stone magazine..." -- Taylor
[1] I'm generally not all that happy with Krugman as an economist.
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