Ryan: Obama’s ‘Buffett Rule’ is class warfare

September 19, 2011 05:56

Paul Ryan explains that Obama has already raised taxes $1.5 trillion and taxing capital gains will cripple the economy. Its been tried before and increasing capital gains tax reduces revenue. “We don’t think we should be bailing out states.”

One Reason Obama Wants Another State Bailout

Obama’s Wants Capital Gains Tax “Fairness” Not for Revenue

In the World Bank-supported “Doing Business 2011” report, the U.S.’s worst ranking by far was in the category called “paying taxes” — 62nd out of 183 economies, tied with Uganda. – Bloomberg

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