1. huffingtonpost:

Under Ryan’s most recent proposal, the way Americans pay taxes would be markedly different. Taxpayers would fit into two tax brackets: Individuals falling in the top tax bracket would pay a rate of 25 percent, while those who fall into the lower bracket would pay 10 percent. (Ryan’s 2010 Roadmap plan went further, eliminating all taxes on capital gains, inheritance and interest. Such cuts would have permitted individuals like Mitt Romney, who derives much of his income from those sources, to get away with paying nothing in taxes.)
To balance Ryan’s proposed $4 trillion in tax cuts, many federal programs would have to be drastically revamped. The Atlantic’s Derek Thompson estimates 40 percent cuts in transportation and education spending, and 24 percent cuts to veterans’ programs, among others.
Paul Ryan’s ‘Path To Prosperity’ Hurts In These 10 Ways

    huffingtonpost:

    Under Ryan’s most recent proposal, the way Americans pay taxes would be markedly different. Taxpayers would fit into two tax brackets: Individuals falling in the top tax bracket would pay a rate of 25 percent, while those who fall into the lower bracket would pay 10 percent. (Ryan’s 2010 Roadmap plan went further, eliminating all taxes on capital gains, inheritance and interest. Such cuts would have permitted individuals like Mitt Romney, who derives much of his income from those sources, to get away with paying nothing in taxes.)

    To balance Ryan’s proposed $4 trillion in tax cuts, many federal programs would have to be drastically revamped. The Atlantic’s Derek Thompson estimates 40 percent cuts in transportation and education spending, and 24 percent cuts to veterans’ programs, among others.

    Paul Ryan’s ‘Path To Prosperity’ Hurts In These 10 Ways

    huffingtonpost »

  2. Notes

    1. arileor reblogged this from huffingtonpost
    2. kerouacdon reblogged this from 2012swingstates and added:
      'Do as I say, not as I do.'
    3. tessafox reblogged this from 2012swingstates
    4. 2012swingstates reblogged this from huffingtonpost
    5. theonecalledbiz reblogged this from huffingtonpost
    6. fudgesmonkey reblogged this from sarahlee310
    7. screamingjessopmonkey reblogged this from sarahlee310 and added:
      I want all the libertarians to come out and say this guy is their wet dream.
    8. revolutionaryrebel reblogged this from sarahlee310
    9. sarahlee310 reblogged this from questionall
    10. tothepoint reblogged this from huffingtonpost
    11. tr0tskitty reblogged this from questionall
    12. questionall reblogged this from huffingtonpost and added:
      He is such an idiot!
    13. j-ord-an reblogged this from huffingtonpost
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    15. phoebe-dysquith reblogged this from huffingtonpost
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    19. aftertheparty reblogged this from huffingtonpost
    20. huffingtonpost posted this

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