Tax Policy Center: Rates cuts will create 5.7 trillion additional hole in deficit over ten years. (To counter, Ryan thinks this will be closed by telling a committee to close undefined loopholes).

Class Warfare/Wealth Redistribution Effects:

Without unspecified loophole cuts:

Poorest: $60 tax cut

Middle 20%:  $1,961 tax cut

1%: $227,420 tax cut

0.1%: $1,200,000 tax cut

 

 

You can say all you want about the Dems, but this is a ret@rdedly suicidal budget. We're supposed to pass legislation that will create almost 6 trillion in additional new debt over 6 years....and trust congress to avoid that by "closing loopholes"? Congress can't even tie its own shoes!

And "uncertainty" is supposed to be a problem for businesses? What the flaming F do you think this creates? Cotton candy?

 

 

 

"Poorest: $60 tax cut

Middle 20%:  $1,961 tax cut

1%: $227,420 tax cut

0.1%: $1,200,000 tax cut"

Meaningless numbers provided for class warfare low information voters and leftist fanatics....the poorest dont pay federal taxes, yet they get another "tax cut"? Doesnt make a lick of sense.

How long will people fall for this endless useless meaningless "class warfare " crap!

The "1%" isnt enough, now we go to the "0.1%", the richest of the rich... ..probably consists of a total of 5 Obama crony capitalists living near DC...

The Ryan budget balances the budget in 10 years, without huge tax increases...

The Democratic Senate plan...includes a $1.5 trillion  tax-hike, $100 billion in new "stimulus" spending, offers $7.3 trillion in new debt in the first 10 years, AND NO BALANCED BUDGET..

And here is a good laugh, counting savings from a war ending in 2014...until 2019!

"$240 billion in savings from the end of the Afghanistan war and $242 billion in reduced interest payments"....

now that is sound and fair accounting methodology, that is...

Quite the plan..if your goal is to crush the private sector economy.

In response to ComingLiberalCrackup's comment:

 

As long as the conservatives keep spewing it, apparently forever.

In response to Sistersledge's comment:

"No one wants to pay a tax rate of 90%, so they will re-invest in their businesses"

Interesting, progressives always tell us the evil 1% are not small business job creators, they  are the idle rich , investors and plutocrats...

Yet this idiotic excuse to raise taxes tells us the rich are in business, at least in the left column...who knew? 

Oops, by the right column, with a flat tax, they are the idle rich again...

This would be a "D" grade for a middle school economics project...LOL.

 

 

 

 

The voters already rejected most of this last November.

And most of the new stuff doubles down on the least popular bits.

 

 

In response to MattyScornD's comment:

 

We are supposed to be distracted by his blue eyes and mythic wankery. I mean wonkery.

In response to ComingLiberalCrackup's comment:

 

In response to Sistersledge's comment:

 

 

"No one wants to pay a tax rate of 90%, so they will re-invest in their businesses"

 

Interesting, progressives always tell us the evil 1% are not small business job creators, they  are the idle rich , investors and plutocrats...

Yet this idiotic excuse to raise taxes tells us the rich are in business, at least in the left column...who knew? 

Oops, by the right column, with a flat tax, they are the idle rich again...

This would be a "D" grade for a middle school economics project...LOL.

 

 

 

 

 

 

 

In response to MattyScornD's comment:

 

The voters already rejected most of this last November.

And most of the new stuff doubles down on the least popular bits.

 

 

 

Well, no. Voters voted themselves free stuff.  Even the dems know that.

 

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In response to skeeter20's comment:

And they voted to keep medicare and obamacare in tact while rejecting the ryan/romney budgets, outright.

Yup, those senior citizens love their medicare (which isn't free).

 

Has Ryan's budget passed?

In response to FortySixAndTwo's comment:

Gee, I wasn't aware that we were only allowed to talk about things that already happened. Thanks for clearing that up, Mr. Monitor Sir.

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In response to Newtster's comment:

This chart is classic liberal idiocy.
The chart on the left side also indicates that people deliberately make decisions to avoid paying  confiscatory taxes. Really? Yet liberal tax increasers alway assume in their rosy sceanarios that  if you raise tax rates, all the taxpayers are going to just roll over and give their money to Uncle Sam.

So,  raise taxes, and businesss will hire more, to avoid paying taxes....this is beyond stupid.

 

What part of "you lost, and the american people rejected your crummy ideas" does Congressman Ryan not understand?

In response to WhatDoYouWantNow's comment:

Haha...oops...forgot...only YOU get to point out the obvious. 

In response to ComingLiberalCrackup's comment:

 

Not nearly as stupid as suggesting that cutting taxes on the rich will cause businesses to hire more workers to create products for which there isn't any demand.

His budget was more of the same. Clearly the American people rejected the values reflected in  the Ryan budget when they elected Obama.

How much does Ryan's budget cut out of the bloated defense budget? You know..the department whose books are in such shambles that auditing them would be an impossiblity?

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Newtster I don't think you know what a Ponzi Scheme is ?

In response to WhatDoYouWantNow's comment:

Ryan's budget will never pass. But at least we know where the republicans stand. They don't give a darn about senior citizens, the disabled and veterans.