Paul Krugman: Trump’s debt, his future and ours

The bombshell New York Times report on Donald Trump’s tax returns is a remarkable feat of journalism. The team deserves special praise for making their findings comprehensible to general readers and not getting lost in the details.Yet like many other revelations in the Trump era, the tax news falls into the category of “shocking but not surprising.” Many observers had already surmised that Trump paid little or no taxes, that his claims of brilliant business success were a ficti