Top Of My Head

Thoughts on everything from Politics to Video Games

Category: Paul Ryan

The GOP Way: Cutting Taxes on the Rich, Raising Taxes on the Middle Class

According to Huffington Post, the Republican Party is all for raising taxes on you and me.  Actually, I didn’t need to read the article to know that, they’ve been saying it all along.  Paul Ryan – who is unfortunately, my representative in Congress – called the other night with one of them recorded messages.  He stated, “I work for you.”  Really?  Because your roadmap for America plan makes it seem like you’re only working for the rich.

Pay attention, here’s where I’m going to do math.

Current Ryan’s Plan
Salary $1,250.00 $1,250.00
Medical $63.36 $63.36
Taxable Income $1,186.64 $1,250.00
Federal Income Tax $212.04 $312.50
% 17.87% 25.00%

Under Paul Ryan’s plan, health insurance would no longer be pre-taxed. Under his plan, any single making more that $50,000 per year would pay 25% in Federal Income tax. The tax rate for corporate America? 8%.

So, basically, Ryan and his Republican cronies will be financing this country on the backs of the single people.  A family of four can earn $39,000 without paying one penny in taxes, while us single people will only be able to earn $16,000 without paying taxes.  That means that I will end up paying more in taxes – a lot more.  Under Ryan’s plan, I will pay $12,250.00 in taxes.  Under our current tax structure (and using the standard deduction and personal excemption), I only pay $9,917.85.  That’s a difference of $2,332.15.

Anyone who is single, shouldn’t vote Republican.  It’ll cost you in the long run.

Gingrich says Sorry to Paul Ryan

This is going to be quick.  Here’s the article.  This is crap.  One of the few things I like about Gingrich is the fact that he usually speaks his mind.  When did we become a nation of “I’m sorry”.  Stop freaking apologizing.  Guess what?  I’m not saying I’m sorry about a political opinion.  Gingrich doesn’t like Ryan’s Medicare plan.  Get over it.

What a bunch of pussies!  Yes, you read that right.  We’re becoming a bunch of political pussies.  If you have an opinion, at least have the freaking balls to stand by it.  If people don’t like it, tough shit.  We whine about how our politicians lie to us.  Well, they do that because we jump down their throats when they tell the truth.  So, they lie and tell us that the check’s in the mail, they love us and they promise not to cum in our mouths and we, excuse the pun, swallow it.  Then, we get mad when the truth of how they really feel comes out.

Good Lord, people!  Get a freaking grip!

 

Reducing Debt

The GOP plan – written by my Wisconsin Congressman Paul Ryan – will NOT reduce our deficit until 2040. That’s 29 years from now. I understand that it took more than 29 years for us to get into this debt ridden mess, but I think we can do better than taking 29 years to get out of it. If the Republicans are truly concerned about the National Debt and the deficit, let’s see them remove the tax cuts for the rich.

The businesses bailed out by TARP are run by… Anyone? No? Okay, the wealthy, the rich. The people who led our companies into this mess. And, what will we do as a nation? Cut their taxes by 10%. And, while we do so, we will raise taxes on the middle class – all in the name of “fairness” and deficit reduction.

Well, it’s crap.

I oppose any budget plan that includes a tax cut – especially those for corporations and the wealthy. Tax cuts are just the government reducing the amount of money it takes in. If we want programs to be funded, such as education or medicare, then we have to pay taxes to keep them funded. I’m not saying that we shouldn’t cut spending, we need to cut spending. I’m saying that we shouldn’t reduce taxes for the well-off at the price of the less well off.

I’m not liking the idea that – if you’re single and making $50,000 per year – you should pay 25% of your salary in federal income taxes, just like a single person who is making $100,000. Do you really think someone making $50,000 per year should be paying the same percentage as someone making double that?

I’m, also, not liking the idea of removing deductions. Hey, I realize that my mortgage deduction really equates the government subsidizing my home, but the government, also, subsidizes your kids, so we’re even. That mortgage deduction is the difference between me eating out a few times a month and eating at home. When I eat out, I keep my local restaurants in business. (Yes, when I eat at home, I keep grocery stores in business, but I’ll always have to buy food at a grocery store.)

According to the plan, the standard deduction will be $12,500 for singles and $25,000 for those people whose relationships are determined to be okay for tax deductions by the government: in other words, straight, married couples. That should keep a lot of people out of the 25% tax range – not for me and not for a lot of my friends. I had more than that amount in deductions, plus there will be no more pre-tax health care deductions, which will hurt the middle class even more.

This plan is NOT good for middle class America. If Paul Ryan and the GOP are truly serious about debt reduction, this isn’t the way to do it.

Tax Cuts & Unemployment

Paul Ryan and the Republican Party want you to believe that a huge tax cut for the rich and corporations (that are run by the rich and for the rich) will lead to low unemployment.

I’m here to tell you that it just isn’t true.

Paul Ryan’s plan makes an assumption that by cutting the upper tier from 35% to 25% will result in an unemployment rate of 2.8%. Maybe, India and China will have that low of unemployment, but not here.

Despite what CBS’s show, “Undercover Boss”, will lead you to believe – rich people do not give a rat’s ass about the rest of us. They will take their tax cuts earned on the working man’s back and run. Oh, sure there are exceptions to this, but they’re few and far between. Don’t believe for one moment that allowing the rich to keep more money in their pockets will result in huge hirings.

IT JUST DOESN’T HAPPEN.

Do you know when our lowest unemployment in the last twenty years was?

It wasn’t after the last tax cuts for the rich went into effect – 2003. Those were supposed to help and, yet, unemployment remained in the 6% range.

Our lowest unemployment in twenty years was Oct. 2006 – 3.6% (not adjusted for seasonal). This was back when taxes were higher.

The Bush tax cuts never made the unemployment rate even get close to that.

And, now, the Republicans are touting a change to the tax code, taking away deductions for us middle class people – which essentially is a tax raise for us – to give a huge 10% tax cut to the all ready wealthy. And, they’re lying to us, saying this will create jobs.

Contact your representative and let them know that tax cuts for the weathy are bad for the rest of us.

Posted from WordPress for Android

Paul Ryan & Republican Tax Cuts

Tax cuts sound like a good thing, don’t they? More money in your pocket. Except Paul Ryan and the Republican Party have finally shown their hand. They don’t plan on cutting taxes for me or for you. They’re sticking to their bread and butter: rich people and corporations.

They’re going to remove a great many of our cherished deductions. And, somehow, all of this will be good for America.

No, no it won’t.

The tax plan revealed today is nothing more than Ryan’s own Roadmap for America. In there, Ryan outlined a plan to remove the mortgage deduction. How much money did you think it’ll cost you in taxes without that deduction?

I can tell you what it will cost me… With my mortgage deduction, I paid $8,577 in federal income taxes last year. Without the deduction, I will have to pay $9,404. I did the math.

Now, I remember Ryan’s Roadmap plan, another item he had in there was single people would be taxed @ 25% if they made more than $50,000 per year.

Guess where I’m going to fall?

If that goes through, I’ll be paying $17, 851 in federal income taxes.

Guess what plan I’m against?

All of us single people should start rising up and demanding better goverment. I haven’t received enough goverment support to warrant paying 25% of my money in fed taxes. I’m not a rich fatcat.

Those of us who make the factories run, who write the reports, mop the floors, sell the cars, etc, we’re the ones who deserve a tax break – not the guys who all ready get the biggest piece of the pie.

Posted from WordPress for Android

Poorly Written Headline…

I see this twitter post from @dailydish: Paul Ryan, Fraud?: I have to say that Paul Krugman made a very strong case that the young GOPer is still drinking …http://bit.ly/cvjOfy.

Paul Ryan is my congressman.  My first thought is, “Oh, crap! Another political scandal!”  Seriously.  The last thing we need in America is a political scandal.  Since I think Ryan is a good – if sometimes misguided –  Congressman, I certainly don’t want anything to befall his political career.

So,  I click the link.  No fraud – thank goodness.

@dailydish is merely pointing out that Ryan’s road map for America has a pothole in it.

But, I wonder, what if I hadn’t clicked the link?  What if I hadn’t read the article?  I would’ve been very mislead.  Perhaps, we should expect bloggers and journalists to create responsible headlines?  And, should I be saying this?  I’m sure I haven’t always been responsible.

Just a thought.

Disappointing Paul Ryan Response

See the picture?  That’s an untouched copy of an actual email I’ve received from Paul Ryan’s office. (If you click on the image, you can see a larger size.) And, I’m disappointed.  I don’t know if it is a change in staff or what has happened, but his response used to be better than this.  I’m used to receiving a letter from him that at least names the legislation I’ve written about.  I contacted him 3 times in the last week.  Once regarding H.R. 1024 – Uniting American Families Act of 2009, once on a recent vote on extending unemployment (I forget the #) and once on gay marriage. This is the response I get? This is highly unusual for Paul Ryan to not give a detailed response. 

I do realize that I’m not his most important constituent, but I am surprised that his answer didn’t at least name the legislation. 

I’m very disappointed right now.  I truly am.

Do you think he or a member of his staff has read my blog and realized I won’t be voting for him come November?  But, if they did read my blog, you’d think they’d realize I’d blog about his answer.

© 2018 Top Of My Head

Theme by Anders NorenUp ↑