GOP’s State Of The Union Responder Would Set Higher Tax Rates On Middle-Class Than Millionaires

[butterfly77]

http://thinkprogress.org/2011/01/21/ryan-rates/

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

[undeterred]

1. Its the RoadMap to Nowhere