Conservative
Type 40
Democrats should love this. why don't they? Because a Republican proposed it.
GOP Budget Would Strip Loopholes For Top Earners, Rep. Paul Ryan Says | Fox News
GOP Budget Would Strip Loopholes For Top Earners, Rep. Paul Ryan Says | Fox News
The Republican chairman of the House Budget Committee said Sunday that his controversial budget proposal would target high-income Americans, by specifically eliminating deductions and loopholes for the wealthy while leaving "middle-income tax writeoffs" in place.
"Take away the tax shelter, subject all of their income to taxation, and get more revenue -- and we can lower everybody's tax rate in return," Ryan, R-Wis., said.