Thursday, June 21, 2012
Multi-Millionaire Congressman Paul Ryan Wants To Raise YOUR Taxes, While Cutting His Own
The Congressional Joint Economic Committee released a new report on the House's Paul Ryan budget – finding that while it gives huge tax cuts to the top 2% of Americans – it actually raises taxes on middle class families. Under the Ryan plan – which Republicans passed out of the House of Representatives nearly unanimously earlier this year – households earning more than a million dollars a year would see a tax cut of about $300,000 a year. But average income households like the middle class would actually see their taxes go up by several percent. The Ryan plan also reverses some of President Obama's tax cuts for working Americans who make less than $30,000 a year – basically raising their taxes, too. So when Republicans say they can't raise taxes on anyone – and even sign pledges to not raise taxes on anyone – they're lying. What they really mean is – they can't raise taxes on their Romney super-rich buddies who are funding their re-election campaigns.
at 6/21/2012 11:23:00 AM