Republicans add another tax plan to the mix
March 21st, 2012
07:40 AM ET
3 years ago

Republicans add another tax plan to the mix

(CNNMoney) - Everyone has a tax plan. President Obama has one. So do Mitt Romney, Rick Santorum, Ron Paul and Newt Gingrich.

And on Tuesday, House Republicans added yet another proposal to the mix.

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Filed under: Congress • Taxes
soundoff (11 Responses)
  1. Wire Palladin, S. F.

    At least the house republican's plan gives greater tax breaks to the wealthy, increases defense spending, and allows seniors on medicare, the poor, the middle class to pay for most of it. Even then, it still adds to our national debt.

    March 21, 2012 07:50 am at 7:50 am |
  2. Donkey Party

    More giveaways to the wealthy, shocker. When will Americans wake up?

    March 21, 2012 07:55 am at 7:55 am |
  3. Anthony

    Republicans believe that cutting taxes increases revenue and reduces deficits. Think about it. If you volunteer to cut your pay, will that increase your income and reduce your credit card debt? You can make up for the lost income by getting more jobs. Cutting taxes will increase revenue if enough jobs are created. We have the Bush tax cuts for 10 years now. Where are the jobs?

    March 21, 2012 08:25 am at 8:25 am |
  4. WiredweirdinSF

    Unlike the one proposed by the most incompetent, inept, corrupt, union toady president we have ever had, this one is fair, does not promote class warfare not socialism. It does promote a lot of personal responsibility so I am sure the democrat liberals will tear it apart.

    March 21, 2012 08:31 am at 8:31 am |
  5. king

    The Republican European style austerity budget proposal will do exactly what it did to Europe, bankrupt us and bring the budget even higher. Lesson we can ill afford to cut our spenders money, which are boasting the economy and drawing back factories and investers back to our shore, if we cut our spenders and diminish our middle classes, how the hell can we compete with China and India for American jobs, when their spenders out numbers us 6 to 1. Hey we can ballance our budget, by maintaining demand, putting taxes on millionaires, lowering the corporate taxes and cutting out loop holes, that allows corporations to only pay 15 percent currently, that lowest rate in the world. Tax and bring up the eligibility age on the entitlements. But make the Democrats do it, and not leave up to the repubs who wants to get rid of these programs all together.

    March 21, 2012 08:36 am at 8:36 am |
  6. hate and lies from the right

    Another reverse robin hood tax plan from ryans righties take from the poor give to the rich, what? Has he been getting ques from romneys righties

    March 21, 2012 08:37 am at 8:37 am |
  7. Rudy NYC

    The Ryan Plan Revision 2 is the same as the original Ryan Plan. You want proof? The man wore the same suit and tie to introduce revsion 2 that he wore when he introduced the original. Literally, nothing has changed.

    Paul Ryan still claims that he will implement $4 trillion in cuts without telling us what he would be cutting. He punts by saying, "we will have public debates." Translation, he is hoping Republicans carry control of the House, the Senate and the White House so that they can gut all of the public safety nets.

    What is most disgraceful about his budget is that it actually increases defense spending. Does that mean Republicans are preparing for another war?

    March 21, 2012 08:41 am at 8:41 am |
  8. Steve, New York City

    A House GOP tax plan.
    Please tell me that there are no neo-cons involved. If so, would the plan entail cutting taxes, while massively increasing spending via launching a war (they knew was based on lies) . . .the combination of which helped precipitate a deep recession and a credit rating downgrade of the US government? Neo-cons HATE government – and that's why they spent 8 years doing their best to bankrupt it.

    March 21, 2012 08:42 am at 8:42 am |
  9. GI Joe.

    Tax the old people and the poor and give tax cuts to the wealthy. Same as last year.

    March 21, 2012 08:45 am at 8:45 am |
  10. Marie MD

    Flat tax is good for the rich only. I am sure whatever wrinkled face Ryan comes up sit is only good foe the super rich and bad for the working class.

    March 21, 2012 09:02 am at 9:02 am |
  11. Lori Maurer

    Maybe a bit off the rax topic, but do we really need a billionaire president who looks down an anyone under his social class? Wake up Romney. It's us poor saps who comtribute more tax money to keep this country going.

    March 21, 2012 09:20 am at 9:20 am |