tag:blogger.com,1999:blog-7895164153505105997.post1278756457601544677..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: Who Envies Paul Ryan? Bud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7895164153505105997.post-83278861966998186572015-02-15T14:00:12.656-08:002015-02-15T14:00:12.656-08:00UPDATE:
The Next New Deal: The Politics of Respon...UPDATE:<br /><br />The Next New Deal: The Politics of Responsibility – Not Envy<br /><br />"The rich may imagine that blaming them for the struggles of the rest of us is driven by envy, but that’s their own conceit to make them feel good. Americans don’t resent the rich. While we might fantasize about winning the lottery, we are not consumed by jealousy. What most Americans understand is that they are struggling financially because the wealthy have rigged the economic and political system to benefit them at the expense of the rest of us. That’s not envy: it’s reality."<br /><br />http://www.nextnewdeal.net/politics-responsibility-%E2%80%93-not-envy<br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-24907094652036372262015-02-05T08:46:43.137-08:002015-02-05T08:46:43.137-08:00* Starve the beast* Starve the beastBud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-81033932542499867552015-02-05T08:46:13.647-08:002015-02-05T08:46:13.647-08:00Paul Ryan would add $93.5 billion to the deficit
...Paul Ryan would add $93.5 billion to the deficit<br /><br />In his very first legislative act as head of the committee that will be central to expected tax reform efforts over the next two years, Rep. Paul Ryan pushed through a package of 7 tax cut bills that would add $93.5 billion to the deficit in the next decade ... Although Republicans generally require new expenses to be paid for by cuts elsewhere in the budget, they don't when it comes to tax cuts. As a result, none of the proposed measures came along with savings from another portion of the budget.<br /><br />http://www.huffingtonpost.com/2015/02/04/paul-ryan-taxes_n_6615076.html<br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-9500619579152793812015-02-04T10:22:32.682-08:002015-02-04T10:22:32.682-08:00There is the 1% plan in a nutshell: lower living s...There is the 1% plan in a nutshell: lower living standards for the rest of us and more for them.John Taylorhttps://www.blogger.com/profile/17986833434755638518noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-20482637973879380122015-02-03T21:04:21.607-08:002015-02-03T21:04:21.607-08:00I'd like to see tax rates on the wealthy rise,...I'd like to see tax rates on the wealthy rise, and stay that way, until...<br /><br />1) the national debt is paid off, 2) Our infrastructure is completely updated, 3) Social Security is shored up, and 4) the government has a healthy surplus for future recessions (and/or misguided wars). <br /><br />But because half the members of Congress are millionaires — and because they all have $174,000 annual government salaries — we'll never see them raise taxes on themselves.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-15919539064752609052015-02-02T14:43:28.861-08:002015-02-02T14:43:28.861-08:00REUTERS: Obama targets foreign profits with tax pr...REUTERS: Obama targets foreign profits with tax proposal, Republicans skeptical<br /><br />Obama has already offered to cut the corporate income tax, but he wants to offset the revenue losses that would result by closing loopholes. Republican proposals have varied, while generally seeking deeper cuts in the rate and fewer loophole closings ... The president’s proposal also includes cracking down on corporations that shift profits to tax havens to avoid paying their fair share or undertake "inversion" deals in which they reincorporate abroad to avoid paying U.S. taxes.<br /><br />http://www.reuters.com/article/2015/02/01/us-usa-budget-tax-idUSKBN0L51IX20150201Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-62301121800441474322015-02-02T14:37:32.890-08:002015-02-02T14:37:32.890-08:00Ryan’s Hope and Change (A rebuttal by "The An...Ryan’s Hope and Change (A rebuttal by "The Angry Bear")<br /><br />http://angrybearblog.com/2015/02/ryans-hope-and-change.htmlBud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-45292846838956168902015-02-02T14:33:32.949-08:002015-02-02T14:33:32.949-08:00From the New York Times:
Paul Ryan: “We’re six ye...From the New York Times:<br /><br />Paul Ryan: “We’re six years into the Obama economic policies, and he’s proposing more of the same, more tax increases that kill investment and jobs, and policies which are hardly aspirational."<br /><br />Republicans will put forward ideas for [what THEY say] is controlling the main drivers of the deficit — Social Security and health care programs that are expanding with an aging population — and will propose a budget that does balance. <br /><br />Corporations are hoarding over $2 trillion in profits overseas. Obama's tax proposals will be a 19 percent minimum tax rate on American corporate profits that are kept overseas. [Which the GOP opposes.]<br /><br />Obama also proposed a one-time 14 percent tax rate for companies that bring profits home from overseas, with much of the proceeds going to fund infrastructure. But Ryan wants that made permanent, and said “One time doesn’t work.”<br /><br />Obama also wants to lower the corporate tax rate [the statutory rate] from 35 percent to 28 percent, and 25 percent for manufacturers. [Ryan, the House’s lead tax policy writer, naturally embraced that idea.]<br /><br />Obama also wants "fast track" for horrible trade deals, like the TPP trasde agreement [The GOP and the Dems are divided on this.)<br /><br />Ryan [is his way] acknowledged a reality that many Republicans have long avoided: The rich are getting much richer. “The Obamanomics that we’re practicing now have exacerbated inequality. They’ve exacerbated stagnation. They’re made things worse. The wealthy are doing really well. They’re practicing trickle-down economics now." (WTF?!?!)<br /><br />http://www.nytimes.com/2015/02/02/us/obama-budget-to-seek-to-stabilize-deficit-and-address-income-inequality.html<br /><br />Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.com