Let’s soak the rich, GOP-style - The Washington Post: "On the campaign trail, Obama talks constantly about Republican support for special tax breaks for “corporate jet owners, or oil and gas producers, or people who are making millions or billions of dollars,” citing these as proof that Republicans want “to keep tax breaks for the wealthiest Americans.” Not so, says Ryan. “We’d be willing to get rid of all that for a better tax code.” The GOP’s difference with Obama, Ryan says, is that the president “sees closing tax expenditures as just raising revenues,” while Republicans want to “use that revenue to reduce tax rates so we can get faster economic growth and job creation.”
With all the benefit cuts he has proposed for wealthy Americans, is Paul Ryan a “soak the rich Republican”? “No,” he says with a smile, “I just don’t spend money on them.”"
Posts
Open Thread
1 hour ago
