Scathing article by Paul Krugman in the not failing NYTs
It has a comical quote from one member of Trump's administration, who apparently does not understand what the wealthy do with their money that is such a benefit to the rest of us.
What Sean Hannity had to say about taxing the rich. What’s that? You say that Hannity isn’t a member of the Trump administration? But surely he is in every sense that matters. In fact, Fox News isn’t just state TV, its hosts clearly have better access to the president, more input into his decisions, than any of the so-called experts at places like the State Department or the Department of Defense.
Anyway, Hannity declared that raising taxes on the wealthy would damage the economy, because “rich people won’t be buying boats that they like recreationally,” and “they’re not going to be taking expensive vacations anymore.”
https://www.nytimes.com/2019/01/14/o...gtype=Homepage