Thursday, April 7, 2011

Will Paul Ryan Propose a Giant Tax Hike To Make Tax Cuts For the Rich Affordable?

Based on Carl Hulse’s reporting from yesterday it’s clear that Rep Paul Ryan (R-WI) intends to go through with his plan to replace Medicare with vouchers to buy private health insurance, and then cut spending on the vouchers.

According to a Center for Tax Justice analysis, even though Ryan features large aggregate tax cuts, ninety percent of Americans would actually pay higher taxes under his plan.