Republicans to Propose Higher Taxe Rates On Middle Class Than On Millionaires

[mikekohr]

Once again, showing their true colors, Republicans put millionaires before the masses and profits before people and they wonder why job creation plumments under their leadership, why 9 of the last 10 recessions have occurred when they are in charge, and why the national debt EXPLODES when their economic policies are in place.

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GOP's State of the Union Responder Would Set Higher Taxes on Middle-Class Than Millionaires

by: Pat Garofalo

House Budget Committee Chairman Paul Ryan (R-WI) was announced today as the Republican who will be responding to President Obama’s State of the Union address next week. Ryan has gained a (largely unearned) reputation as a fiscal hawk due to his radical Roadmap for America’s Future, under which the U.S. budget will eventually be balanced (after federal debt surpasses 100 percent of GDP), mostly via privatizing Social Security and Medicare.
According to an analysis by Citizens for Tax Justice, the Roadmap would raise taxes on 90 percent of Americans, while dramatically lowering them for millionaires. In fact, a new analysis from the Economic Policy Institute found that Ryan’s plan would ultimately translate into middle-class tax rates being higher than those for millionaires:

read full article:
http://www.truth-out.org/gops-state-union-responder-would-set-higher-taxes-middle-class-than-millionaires67070

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Paul Ryan (R) WI

[HughBeaumont]

1. Supreme Dick Almighty.

The goddamned coddled unreciprocating rich need to be taxed and taxed BIG.

[KansDem]

2. KnR!!!

This can't be trumpeted enough!

All of America should know this!

[AzDar]

3. Shout it from the rooftops.

:grr:

[tanyev]

4. Finally! Some relief for those dealing with crippling burden of great wealth.

Do I really need to include this?

:sarcasm:

[Supersedeas]

5. Exactly

[Thrill]

6. They don't try to hide that. Its just idiots who vote for them

can't see it.

[ShadowLiberal]

7. Gee what could possibly go wrong with heavily taxing the middle class & not taxing the rich?

Perhaps Paul Ryan and other republicans haven't heard of a thing called the French revolution, caused in part, because the rich had zero taxes to pay while the poor and middle class were heavily overtaxed. It was also caused by lots of corruption with rich people buying and selling important government positions to each other, and abusing their power to make even more money.

[mikekohr]

8. Here is a Graph that documents what happens when Tinkle Down Economics are in place

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WHY DO REPUBLICAN ECONOMIC PRINCIPLES EXPAND THE NATIONAL DEBT?
-The answer is simple mathematics. Reduced revenue + increased spending ='s increased debt-

http://cedarcomm.com/~stevelm1/usdebt.htm

The two biggest promises of "Trickle Down Economics" are it's greatest failings. Proponents of "Trickle Down Economics” claim that tax cuts, skewed to the rich, will create jobs and increase tax revenues. The graph above disproves the latter claim. Job creation plummets under "Trickle Down Economics (see http://bureaucountydems.blogspot.com/p/job-growth.html )and nine of the last ten recessions have occurred under Republican leadership (see http://bureaucountydems.blogspot.com/p/history-of-recessions.html ).

Two things are certain to grow when a Republican is in the White House, unemployment and the National Debt.


By contrast, "Bubble Up" economic principles practiced by Democratic Administrations put people to work, rev up the economy, and balance the Nation's ledger books. Every time. No exceptions.

[Rosa Luxemburg]

9. how much are the rich paying him?

[Moral_Imagination]

10. Thank god we stayed home during the midterms

and taught the Democrats a lesson :eyes:

[mikekohr]

11. "We are the People We having Been Waiting For"

We'll show up in 2012. Two years of Republican lunacy tends to turn out our voters.

[bluethruandthru]

12. Of course he will!

R's won't be happy until they've completely wiped out the middle class.

They have no idea what happens to societies that have no middle class...but they'll soon find out.

[TheBigotBasher]

13. Just a graphic from a year ago

to remind people what they applauded in last year.

The Republican Tax bombshell

[mikekohr]

14. Excellant Graphic!

Thank You!