Hypocrites in Washington

[zimmy]

Originally Posted by justplugit

Zim, where did you get that info from?

Most cons and tea party supporters are opposed to any tax raises (well except income tax for the poor). The Ryan plan is a huge tax raise on most taxpayers. On top of that, they would have to seek out the details beyond con sound bites. The mantra of those people is not raise my taxes but cut spending and taxes on the wealthy. It is the tea party after all. You might very well know what the details are and like the plan. That is how it should work.
I anticipate similar remorse to a Ryan plan as people had to bush term two.
Posted from my iPhone/Mobile device

[justplugit]

The WSJ broke the Ryan Plan down like this:

Spending-- 40.1 Trillion vs Obama 46.9 Trillion over 10 years

Tax Revenue--37 Trillion vs 40 Trillion

Lower tax rates and tax brackets

Medicare will stay the same for those over 55 and an additional
Choice-Medicare Type Program privatly run with additional Medicare type
plan to offer additional assistance for the poor.

Medicade made into a Federal Block Grant Program freeing States to tailor their
Prorgrams.

Individual Taxes- two tax rates %10 and %25 and includes removing loop holes

Corporate Taxes- lower top corporation from %35 to %25 while gutting exemptions

Reduce Defecit to %3 of GDP by 2014. Currently is %7.8 of GDP

Tax revenues would lag behind spending during a 10 year window.

[justplugit]

Originally Posted by justplugit

The WSJ broke the Ryan Plan down like this:

Spending-- 40.1 Trillion vs Obama 46.9 Trillion over 10 years

Tax Revenue--37 Trillion vs 40 Trillion

Lower tax rates and tax brackets

Medicare will stay the same for those over 55 and an additional
Choice-Medicare Type Program privatly run with additional Medicare type
plan to offer additional assistance for the poor.

Medicade made into a Federal Block Grant Program freeing States to tailor their
Prorgrams.

Individual Taxes- two tax rates %10 and %25 and includes removing loop holes

Corporate Taxes- lower top corporation from %35 to %25 while gutting exemptions

Reduce Defecit to %3 of GDP by 2014. Currently is %7.8 of GDP

Tax revenues would lag behind spending during a 10 year window.

So what is the critiszism for this plan?

[zimmy]

Originally Posted by justplugit

So what is the critiszism for this plan?

My point is not to criticize the plan. My point is that if the great majority of Ryan supporters could have been asked about some annonymous plan that was going to give 90% of them an income tax increase in the range of 10-20%, most would not be too excited by it. Most Republican congresspeople have agreed to Norquist's pledge to not raise taxes. Ryan's plan raises taxes on most Americans and many businesses. The tax raises are hidden in the details, but they are tax raises none the less.

[scottw]

Originally Posted by zimmy

My point is not to criticize the plan. .

you are hilarious.......


ALL Originally Posted by zimmy

Ryan plan looks like it lowers taxes on everyone, but actually raises taxes, but only on the middle class. So are people tricked by Ryan or just don't know enough about his plan?

Yes, Ryan has a plan.the problem is that most of the people who are excited by his plan have no idea what is in the plan. They just think he is going to magically cut everyone's taxes and erase the deficit

Most cons and tea party supporters are opposed to any tax raises (well except income tax for the poor). The Ryan plan is a huge tax raise on most taxpayers. On top of that, they would have to seek out the details beyond con sound bites. The mantra of those people is not raise my taxes but cut spending and taxes on the wealthy. It is the tea party after all. You might very well know what the details are and like the plan. That is how it should work.
I anticipate similar remorse to a Ryan plan as people had to bush term two.

You like that the majority of current tax payers would pay higher taxes under the Ryan plan? That is your idea of doing something about it? The doing something about it means raising taxes on everyone but those who have incomes over $200000, who would get dramatic cuts. People like Romney, Bill Gates, etc would pay about 1%. Great plan. Talk about sheeple, it is those who believe the garbage they are fed by clowns like Ryan .

That is why I find the argument that Romney and Ryan will lower everyones taxes, get people off of food stamps, and "restore" the by the people, for the people to be a farse.

it is the idea that Ryan and Romney raising taxes on the middle class and and cutting nearly all taxes for the super rich is somehow what was envisioned by the founders. Guess that is why the "sheeple" would fall for the Ryan scam.

[zimmy]

Originally Posted by scottw

you are hilarious.......
criticize the plan game!

ALL Originally Posted by zimmy

Ryan plan looks like it lowers taxes on everyone, but actually raises taxes, but only on the middle class. So are people tricked by Ryan or just don't know enough about his plan?
Not here!


Yes, Ryan has a plan.the problem is that most of the people who are excited by his plan have no idea what is in the plan. They just think he is going to magically cut everyone's taxes and erase the deficit
Not here!


Most cons and tea party supporters are opposed to any tax raises (well except income tax for the poor). The Ryan plan is a huge tax raise on most taxpayers. On top of that, they would have to seek out the details beyond con sound bites. The mantra of those people is not raise my taxes but cut spending and taxes on the wealthy. It is the tea party after all. You might very well know what the details are and like the plan. That is how it should work.
I anticipate similar remorse to a Ryan plan as people had to bush term two.
Not here!

You like that the majority of current tax payers would pay higher taxes under the Ryan plan? That is your idea of doing something about it? The doing something about it means raising taxes on everyone but those who have incomes over $200000, who would get dramatic cuts. People like Romney, Bill Gates, etc would pay about 1%. Great plan. Talk about sheeple, it is those who believe the garbage they are fed by clowns like Ryan .
Ok, I sorta did there.

That is why I find the argument that Romney and Ryan will lower everyones taxes, get people off of food stamps, and "restore" the by the people, for the people to be a farse.
Not a criticism of the plan, just the distortion of it.


it is the idea that Ryan and Romney raising taxes on the middle class and and cutting nearly all taxes for the super rich is somehow what was envisioned by the founders. Guess that is why the "sheeple" would fall for the Ryan scam.
Again, more about the distortion than the plan

Good job Scott. Thanks for pointing out that pretty much everything I said was not about whether I thought the plan itself was good or bad, but I DID say that it was not what its supporters think it is and the way it is presented is a distortion of what the plan would actually do. I guess once in all those posts I said great plan sarcastically. I think three pages is enough. Time to move on.
Posted from my iPhone/Mobile device

[zimmy]

Originally Posted by justplugit

The WSJ broke the Ryan Plan down like this:

Spending-- 40.1 Trillion vs Obama 46.9 Trillion over 10 years

Tax Revenue--37 Trillion vs 40 Trillion

Lower tax rates and tax brackets

Medicare will stay the same for those over 55 and an additional
Choice-Medicare Type Program privatly run with additional Medicare type
plan to offer additional assistance for the poor.

Medicade made into a Federal Block Grant Program freeing States to tailor their
Prorgrams.

Individual Taxes- two tax rates %10 and %25 and includes removing loop holes

Corporate Taxes- lower top corporation from %35 to %25 while gutting exemptions

Reduce Defecit to %3 of GDP by 2014. Currently is %7.8 of GDP

Tax revenues would lag behind spending during a 10 year window.

Two critical points: to balance the budget and reduce the deficit, all deductions and exemptions would go away, so those who are in that 10% bracket get a substantial tax raise; taxes on interest, dividends and long term capital gains would reduce Romney's taxes and those with income primarily from investments to between 0-1%.

So the plan is to substantially raise taxes on people with moderate incomes (roughly $200,000 and less) and probably those in the next group who have relatively limited investment income, but end taxes for those very wealthy who get most of their income from dividends and capital gains.

Also, for many corporations it would be an enormous tax increase, if exemptions are gutted. The effective tax rate is only 27.1%, so it would be a small decrease in the effective tax rate. I agree with this part of his plan, but for those who are of the limited taxation, get government out of business crowd, this part of the plan does not actual lower taxes by 10%. It is a tax cut for some businesses and an enormous tax increase for others.