Paul Krugman¹ likes Barack Obama’s plan to increase taxes on those who earn more than $250,000 per year, but doesn’t like Obama’s plan to cut taxes on “lower- and middle-income families.” Note Krugman’s rhetoric: “The Obama plan is also far more progressive [than John McCain’s plan], sharply reducing after-tax incomes for the richest 1 percent of Americans while raising incomes for the bottom 80 percent.” Not raising taxes; “reducing after-tax incomes.” Don’t you love it?

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¹“Op-Ed columnist Paul Krugman has the disturbing habit of shaping, slicing and selectively citing numbers in a fashion that pleases his acolytes but leaves him open to substantive assaults” (Daniel Okrent, “13 Things I Meant to Write About but Never Did,” The New York Times, 22 May 2005).