Syphon
Rookie
- Feb 22, 2012
- 1,449
- 84
- 0
- Banned
- #61
Top Democrat says GOP tax plan hurts the middle class - The Hill's On The MoneyDemocrats 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
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.
Paul Ryan’s budget hurts the poor - The Washington Post
Paul Ryan, outlining his latest budget proposal in the House TV studio Tuesday morning, said the policies of the Republican presidential nominees perfectly jibe with his plan, which slashes the safety net to pay for tax cuts mostly for wealthy Americans.
Ryan would cut $770 billion over 10 years from Medicaid and other health programs for the poor, compared with President Obamas budget. He takes an additional $205 billion from Medicare, $1.6 trillion from the Obama health-care legislation and $1.9 trillion from a category simply labeled other mandatory. Pressed to explain this magic asterisk, Ryan allowed that the bulk of those other mandatory cuts come from food stamps, welfare, federal employee pensions and support for farmers.
yup lets take more from the poor and middle class, well done Mr. Ryan