Wednesday, March 10, 2010

Congressman Ryan: how to lose $2 trillion

From Citizens for Tax Justice in Washington:

Congressman Paul Ryan (R-WI), the ranking Republican on the House Budget Committee, has put forward a detailed budget plan that he claims will balance the budget over several decades.
. . .
It's difficult to design a tax plan that will lose $2 trillion over a decade even while requiring 90 percent of taxpayers to pay more. But Congressman Paul Ryan has met that daunting challenge. This analysis makes obvious that Congressman Ryan's budget plan has nothing to do with balancing the budget, but has everything to do with creating a system that takes more from the poor and less from the rich."

Read the report here.


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