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Article #580Re: Paul Ryan Promises to Raise Taxes on the Poor and Middle Class
From: ByPass
Date: Tue, 24 Apr 2012 22:13
Date: Tue, 24 Apr 2012 22:13
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6689 bytes
chatnoir wrote: > http://www.politicususa.com/paul-ryan-promises-to-raise-taxes-on-the-poor-and-middle-class/ > > Paul Ryan Promises to Raise Taxes on the Poor and Middle Class B.S. http://politics.knoji.com/facts-about-the-paul-ryan-budget-proposal/ Following are some of the key points in the Paul Ryan Budget Proposal which have been skewed for political purposes. Each American should have the straight information from the source, and I intend to provide some of the �horses�s mouth� information in this article. Spending � The Paul Ryan Plan intends to cut 6.2 trillion dollars of Federal spending within the next ten years, which equates to 5.8 trillion in relation to the current policy base spending. � Duplicate programs will be eliminated by systematically checking the responsibilities of each government agency and determining whether other groups are also addressing the same issues. � Reduce federal spending so that it is 20% lower than the GDP. Debt and Deficits � The deficits will be reduced by 4.4 trillion over the next decade. This will help to balance our budget by paying debts. � Lower the sustainability benchmark by balancing the budget by 2015 � Create a path for the budget that will enable the federal government to pay off debts Taxes � By keeping taxes low, the economy will prosper. $800 billion in tax increases will be eliminated that are being forced by the Health Care Law of 2009. � Preventing 1.5 trillion dollar tax increase that is suggested in the President�s budget proposal. � Requires re-evaluation of the current tax code to simplify for households and businesses. � Lower tax rates for all sectors of the economy; individuals, families, and businesses � Sets top tax rates at 25% of income for all taxable parties Growth and Jobs � By lowering taxes there will be incentive for businesses to grow and hire new employees. � Intends to increase private-sector jobs by 2.5 million by the end of the decade � Economic growth will increase GDP by 1.5 trillion over the decade � Encourages and enables prosperity for citizens, thus increasing tax income for the federal government by allowing individuals and businesses higher revenue or income, increasing the amount of tax that is able to be collected. Key Objectives of Paul Ryan Budget Proposal � Better environment for growth will improve job creation and business innovation and improvement � Stop Washington from spending more than what it takes in. Reduce economic benefit to organizations that are not working. Locks in controls on spending at federal level. � Saving critical health and retirement programs by making appropriate and difficult decisions to improve the benefits for those who truly need assistance. � Defunding of the Health Care Law of 2009, patients will be attended to instead of being administratively excluded from benefiting from paying into the system. The patient�s needs come before bureaucracy. � Restore the American perception of the country that was founded over 200 years ago: to limit the size and scope of the federal government in the operations of individual lives. � Ensure that the next generations are provided with a better country than the one of their parents, as each parent desires for their families. Key Components of the Paul Ryan Budget Proposal � National Security will be prioritized. Taking the $178 billion budget cuts proposed by Defense Secretary Gates, and re-investing $100 billion of that in military priorities. The other $78 billion will be given to debtors to help reduce the national debt. � Reducing government agencies. Address the duplication of federal agencies, reducing the amount of red tape, and extraneous spending that is costing the taxpayers. � Repeal Health Care Law of 2009 and address patient-centered reform � Federal civilian workforce will be expected to work within the same parameters of their private-sector equals in pay and benefits. � Eliminate programs that have run their course and are no longer necessary � Repair the methods for Medicaid. Provide block-grants to states to provide health care to their citizens as is proper for each demographic. � Eliminate corporate welfare. No more bailouts to corporations who are unable to maintain their own books. � Improving American energy resources. The country is rich in oil, oil sands and oil shale, as well as wind, water, and coal. All are natural resources that are not being utilized, putting an undue burden on taxpayers, paying extreme amounts of money to foreign oil producers. � Improve scholarship programs for students. Currently there are overlapping and confusing scholarships and other monies that are not being distributed evenly or equitably. � Corporations will be provided with appropriate tax reform, incentivizing job growth and innovation. Choking the corporations that would improve American lives is choking the very reason that America was founded and has become so prosperous in such a short time.
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From: ByPass <bypass@on.invalid>
Newsgroups: boulder.general
Subject: Re: Paul Ryan Promises to Raise Taxes on the Poor and Middle Class
Date: Tue, 24 Apr 2012 16:13:56 -0600
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