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View Diary: Rep. Paul Ryan: 80% of entitlement beneficiaries are wealthy (74 comments)

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  •  We do spend too much on benefits to people (5+ / 0-)

    who don't need them. Too bad a lot of them are artificially constructed persons, aka corporations. We spend vastly more on tax expenditures and breaks, all of them supported by the right wing, including Ryan, than we do on regular people, after social security and medicare taxes are subtracted from the spending on those programs.

    Furthermore, a really big benefit, the extra special 15% capital gains and dividends tax rate, is one mainly enjoyed by the top 1%. Ryan wants to cut that even further, to zero.  He would rather tax work than wealth.

    Trickle Down Economics 101: They get the golden parachute, we get the golden shower.

    by NoMoreLies on Fri Mar 09, 2012 at 11:45:44 AM PST

    [ Parent ]

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