Debunking Krugman (Again): On The Shift From Net To Gross Income Tax Basis

``The average individual taxpayer is frustrated and confused because she hears that tax rates are down but somehow she believes (correctly) that her taxes keep going up. What has occurred is that the base has expanded dramatically, leading to taxes far higher than those paid by individuals historically. And we will see more of this. In modern tax policy parlance, any exception from a tax on gross income is labeled a subsidy or tax expenditure.''