Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!
 

Posted on April 6, 2011 | tags

 
 

Politics: Paul Ryan: Tax the rich? Nah, just cut services for the poor

  • 67% of Paul Ryan’s spending cuts hit poor Americans source
  • » But don’t worry, not everyone gets the shaft under Ryan’s proposal. Although 2/3 of the savings derived from his plan come by cutting services for poor people, his budget does firmly protect–surprise!–George Bush’s tax cuts for the rich. In all fairness, letting those cuts expire would increase tax rates for the highest earners by an appalling 4%, but it would also save the country an additional $1 trillion over the next ten years. So let’s get this straight: Ryan wants to cut services for the poor and retain absurdly-low tax rates for billionaires. Wasn’t this guy supposed to be the new face of the Republican party?
 
More in Politics (667 of 2575 articles)