The horror of Trump’s lies continues.
Meanwhile, Paul Ryan is still doing his
thing, inviting careless journalists to call him a policy wonk while he
continues to offer the standard claptrap about helping Americans by giving more
money to the super rich.
WashingtonPost.com pointed out
yesterday that the latest incarnation of House Speaker Ryan’s “tax plan” would funnel 99.6
percent of the proposed tax cuts to the wealthiest 1 percent of Americans,
according to the Tax Policy Center.
The stupefying bottom line: the 1 percenters
would get average annual savings of about $240,000 per household.
Last year, the median household income
for all Americans was $56,500—that’s the median, meaning half had more and half
had less.
So Ryan’s tax chicanery means that the
richest 1% would get tax SAVINGS equal to more than four times the amount of
PRE-TAX total income that the median household earned last year.
That’s not a tax plan. That’s legalized
robbery.
Let’s not even talk about what the
Republicans want to do about business taxes.
Copyright © Richard Carl Subber 2016
All rights reserved.
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