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Paul Ryan and Mitt Romney hate Taxes.  They are "good" Conservatives.

They hate paying their 'fair share' to keep our Nation safe and sound ... and growing to the benefit of all -- not just the wealthy few.

Paul Ryan and Mitt Romney are advocating for even MORE Tax Cuts, on top of, and in addition to the Bush Tax Cuts -- that they think were just the medicine the GOP Doctor ordered ...


Any guesses on exactly Who -- this regressive dual of Romney and Ryan, would give the lion's share of the daring new Tax Cuts they are now proposing?

Any guesses ... Bueller? ... Bueller?  ... anybody?



New Tax Cuts in Ryan Budget Would Give Millionaires $265,000 on Top of Bush Tax Cuts

by Chuck Marr, Center on Budget and Policy Priorities -- March 27, 2012

[...]

Plan Would Cut Top Rate to Lowest Level Since Hoover Administration



The Ryan budget includes a number of specific tax cuts, on top of making the Bush tax cuts permanent.  All of its new tax cuts are both expensive and tilted toward high-income households.  It would cut the top individual tax rate to 25 percent, the lowest level since the Hoover Administration more than 80 years ago.  It would cut the corporate rate to 25 percent and eliminate both the Alternative Minimum Tax and the Affordable Care Act’s increase in the Medicare tax for high-income people. [...]


[Image source: Center on Budget and Policy Priorities]

[...]

The new TPC figures [Urban-Brookings Tax Policy Center] show that the Ryan tax cuts are starkly regressive:  after-tax incomes of people who make more than $1 million a year would rise by 12.5 percent, on average -- six times more than the 1.9 percent average gain for middle-income households.[5]


[Image source: Center on Budget and Policy Priorities]

[...]

Average Tax Cut and Percent Change in After-Tax Income in 2015


Under the House Republican Budget Proposal
Income     Average Tax Cut   % Change in After-Tax Income

Less than $10,000    $95    0.2%

$10-$20K       $113    0.1%

$20-30K       $246    0.5%

$30-$40K      $482    1.1%

$40-$50K      $751    1.5%

$50-$75K     $1,108    1.9%

$75-$100K     $1,789    2.3%

$100-$200K     $2,954    2.6%

$200K-$500K    $11,121    4.8%

$500K-$1M      $47,062    8.8%

More than $1M    $265,011    12.5%

[...]


Tax Cuts Would Come on Top of Regressive Bush Tax Cuts



As noted, these regressive new tax cuts would come on top of the Bush tax cuts, which also were costly and provided disproportionate gains to the highest-income households.  Combined, the Bush and Ryan tax cuts would provide an annual windfall of nearly $400,000 apiece, on average, to people with incomes over $1 million (see Figure 3).  For these people, their tax cuts would be eight times the average total after-tax incomes of people in the middle 20 percent of the income scale.[7]
[...]
for the pdf copy of this report


It seems like Romney-Ryan have been taking the 'Day Off'

from telling to the America People the truth ... of what decades of Trickle-Down economic Tax Favoritism, has already done to this country ...


If you liked GW -- well you're gonna love R&R ... coming soon to tap the remaining resources, in a neighborhood near you ...

And they bring with them a wealth of 'corporate raiding' experience ... just what the GOP Doctor ordered ...



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