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Paul Krugman on Mitt Romney’s “47% Percent” Gaffe

Paul Krugman discusses the “dependent upon government” citizens that Romney refers to in the now viral Mother Jones video inside a private donor meeting:

Actually, if you look at the facts, you learn that the great bulk of those who pay no income tax pay other taxes; also, many of the people in the no-income-tax category are (a) elderly (b) students or (c) having a bad year, having lost a job — that is, they’re people who have paid income taxes in the past and/or will pay income taxes in the future.

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Categories: Economics, Politics or: the art of looking for trouble Tags: 47%, economics, election 2012, gop, Mitt Romney, mother jones, Paul Krugman, politics, taxes