Thursday, August 25, 2011

Ryan leads in tax hypocrisy; Says payroll tax break is 'sugar high'

Tax cuts for working people accomplish nothing, Paul Ryan says.  It's the fat cats who need a break.

From the Democratic Party of Wisconsin:

Paul Ryan, author of the plan to end Medicare, is leading Wisconsin Congressional Republicans in tax hypocrisy, calling the payroll break for workers a  sugar high" while defending tax cuts for billionaires and hedge fund managers.
Ryan is part of a Congressional Republican leadership that wailed to the heavens when the Bush-Era tax cuts for the richest one percent of Americans were set to expire. But now, with President Obama considering extending the payroll tax holiday as a way of stimulating a sluggish economy put at risk by the "Republican Downgrade" of long-term U.S. Treasury bonds, Ryan and Wisconsin Republicans are hypocritically balking.
"When a fat cat pays a penny in taxes it is cause for Paul Ryan to scream bloody murder about tax increases, but when American workers are allowed to keep more of their hard-earned dollars, Ryan and Wisconsin's Republican delegation sing an altogether different tune," Democratic Party of Wisconsin Chair Mike Tate said Thursday. "Apparently, sipping $350 bottles of wine is the only type of work that Ryan and the Republicans believe is worth rewarding."

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