0 Members and 1 Guest are viewing this topic.
"Rep. Paul Ryan blasted the Democrats’ plan to raise taxes on millionaires and said he feared the U.S. economy could collapse into a European-style debt crisis.“The arithmetic just doesn’t add up,” he said of the new proposal to slap surtax of five percent on income of more than $1 million to pay for the president’s $450 billion jobs plan. Ryan said that Washington politics is preying on people’s fears and that Congress focus on reducing corporate welfare rather than raising taxes on the rich.The first step toward comprehensive entitlement reform, Ryan said, was to do away with loopholes in the corporate tax code to pay for lowering the rate.Ryan has proposed a free market plan that would repeal Obama’s law, decouple the health insurance tax benefit from employer, and make a tax benefit portable for every worker.“I think [the Supreme Court] will knock down the [individual] mandate,” Ryan said, without which the health care law will “death spiral.”Despite pleas for Ryan to run for president, the representative said he declined because, “I love being a policy maker. I don’t have this burning desire. We like our life. I didn’t have it in the gut.”
“I think [the Supreme Court] will knock down the [individual] mandate,” Ryan said ....
