Tag: Reverse Robin Hood

If Republicans got their Way … there would be no more Medicare.

If Republicans got their Way … you couldn’t Retire until 70.

If Republicans got their Way … they’d privatize Social Security.

If Republicans got their Way … there would be no more Corporate income tax.

If Republicans got their Way … they’d eliminate taxes on Capital gains.

If Republicans got their Way … they’d cut in half the taxes of the richest 1 percent.

If Republicans got their Way … the Bush Tax Cut for the Rich would never end.

Factlets from The Republican’s Roadmap for America’s Future:

The Ryan Budget’s Radical Priorities

Center on Budget and Policy Priorities

By Paul N. Van de Water — July 7, 2010

The Ryan Budget’s Radical Priorities

Center on Budget and Policy Priorities

By Paul N. Van de Water — July 7, 2010

I. Summary

The Roadmap for America’s Future, which Rep. Paul Ryan (R-WI) – the ranking Republican on the House Budget Committee – released in late January, calls for radical policy changes that would result in a massive transfer of resources from the broad majority of Americans to the nation’s wealthiest individuals.[1]

The Roadmap would give the most affluent households a new round of very large, costly tax cuts by reducing income tax rates on high-income households;

eliminating income taxes on capital gains, dividends, and interest;

and abolishing the corporate income tax, the estate tax, and the alternative minimum tax.

At the same time, the Ryan plan would raise taxes for most middle-income families,

privatize a substantial portion of Social Security,

eliminate the tax exclusion for employer-sponsored health insurance,

end traditional Medicare and most of Medicaid,

and terminate the Children’s Health Insurance Program.