08-23-2012, 10:43 PM
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Registered User
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Join Date: Sep 2006
Posts: 25
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Quote:
Originally Posted by MS Fowler
I disagree that Ryan's plan is fantasy. Even democrats speak highly of his grasp of the budget. I think the democrat's version of his plan is fantasy. His plan is the only one to address the real issues. The Dems have's even passed a budget in years. They clearly have no plan--or at least no plan they want to vote on before the election. If they actually went on the record with their plan, they wouldn't be able to pander as easily.
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But the problem with Ryan's plan is that he doesn't identify which income levels will pay which rates, which makes it impossible to figure out how the proposals would effect revenues. In an op-ed for the Wall Street Journal today, Ryan writes that revenue would "remain steady" because his plan would close special-interest loopholes. But the plan doesn't specify what loopholes would be closed.
This lack of details obviously limits the viability of Ryan's 'tax reform' plan, and underscores the fact that the plan is, at its core, a political document that no one — including Republicans — ever expects to pass.
Read more: Here's The First, Obvious Problem With Paul Ryan's Radical Tax Plan - Business Insider
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