Apr 12th 2011, 0:30:20
Originally posted by Klown:
Thats false. Much of the tea party wants to slash entitlements. Thats one of the big difference between them and Republicans (except, as you pointed out, the Ryan plan). Theres nothing unrealistic about the Ryan plan IMO, and I support it other than the top tax rate reduction to 25%. Leave it where its at and close the deficit quicker, then we'll talk lower taxes.
The 25% top tax rate just makes the whole class warfare argument bound to be used by the Democrats so much easier. If we want this to get done, that needs to be out.
The 25% top tax rate just makes the whole class warfare argument bound to be used by the Democrats so much easier. If we want this to get done, that needs to be out.
Ryan expects the % of GDP paid in taxes to remain steady while not increase in taxation for the rich, and cutting down on the middle class by reducing the size of government. The current trend is towards putting more of the income and wealth in fewer hands. That makes Ryan's plan unrealistic.
You want to cut the deficit, cut government, but also bring back the estate tax. Attack both expenditures and revenue.
m0m0rific