WASHINGTON — Rep. Paul Ryan (R-Wis.) said on Sunday that House Republicans would oppose President Barack Obama’s payroll tax cuts for both employers and employees, arguing that the policy had already failed to provide a sufficient boost to the economy. “It hasn’t worked,” Ryan said, suggesting the current temporary tax cut should be allowed to expire, which will amount to a 50 percent tax hike on workers making less than $106,000 per year.
He also said he opposes the president’s proposal to require millionaires to pay the same tax rate as the middle class, known as the Buffett plan. “Class warfare might make for good politics, but it makes for rotten economics,” Ryan said. (Read More.)
Because tax hikes are only okay when they are on the middle class. Right. NOW I understand.
A 50% tax hike on ME!? Are you fucking kidding me? I actually put money into this goddamn economy, you take 50% more of my money and that’s games, electronics, and food I can’t buy! I’m not hiding my money in offshore accounts, I’m putting it into my local retailer! That’s a reduction in everything I waste my money on that keeps this economic system limping along.
They call the rich these illustrious job creators, but you know how most of them got rich? From shmucks like me buying their products and services. You raise my taxes by 50% and they will get 50% less of my business, and not from lack of enthusiasm for their products and services. When their businesses receive 50% less of my money then they cut back production, which in turn cuts jobs. You want to get this economy back on track? Give people like me more money to piss away, that’s how stimulus works! Shit, that’s how economics works!
And he has the fucking gall to say it’s class warfare?
FUCK YOU! FUCK YOU! FUCK YOU!
-Joe
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titletownprogressive reblogged this from rantingnraging
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timekiller-s reblogged this from rantingnraging and added:
Lobotomies for Republicans, please.
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rantingnraging reblogged this from stfuconservatives and added:
the republican party in a motherfucking nutshell.
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dakinishir reblogged this from stfuconservatives and added:
WASHINGTON — Rep. Paul Ryan (R-Wis.) said on Sunday that House Republicans would oppose President Barack Obama’s payroll...
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trashera reblogged this from stfuconservatives
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petrichloroform reblogged this from hannahology and added:
How infuriating this attitude of “Don’t tax me, I’m rich!” is. We don’t necessarily need to tax more; we need to tax...
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eldinire likes this
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hannahology reblogged this from stfuconservatives and added:
Truth!
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singingeachtoeach reblogged this from jackaldope
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inunisonnow reblogged this from stfuconservatives and added:
How is this allowed to happen?? This is clearly wrong what is going on????
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inunisonnow likes this
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velvetcyberpunk reblogged this from stfuconservatives and added:
Why should the middle class and poor take the hit again? I get tired of hearing that we should spend wiser and be more...
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vinylsticker reblogged this from stfuconservatives
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zoobunny reblogged this from thedisgruntledgradstudent and added:
This makes me want to scream.
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philosophica-dea reblogged this from stfuconservatives and added:
Fuck ya, Joe! Everything and More that i’d love to say!
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questionall reblogged this from stfuconservatives
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theiboada22 reblogged this from queentiye
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majere616 reblogged this from jensenjaundice and added:
Why did the American people elect politicians that don’t even understand basic economics?
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jensenjaundice reblogged this from private-revolution and added:
AUGH GLORIOUS response. Joe’s my hero.
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punsta5 reblogged this from stfuconservatives
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shockwave-whisper reblogged this from stfuconservatives and added:
Starbucks doesn’t use fair trade coffee, though. They get their beans from Ethiopia and they exploit the workers. And as...
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