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Ryan’s Record of Abortion Opposition Consistent With Akin’s "As a U.S. House member from Wisconsin, Republican vice presidential candidate Paul Ryan has co-sponsored 38 anti-abortion measures, including some that make no allowance for rape." http://www.businessweek.com/news/2012-08-22/ryan-opposition-to-abortion-consistent-with-akin-s-no-exceptions
It's a FACT that the GOP plan is to eliminate the capital gains tax: "Promotes saving by eliminating taxes on interest, capital gains, and dividends; also eliminates the death tax." http://roadmap.republicans.budget.house.gov/issues/issue/?IssueID=8514 The elimination of the capital gains tax will save Romney $3 million a year in taxes and lower his tax rate to less than 1% http://www.theatlantic.com/business/archive/2012/08/mitt-romney-would-pay-082-percent-in-taxes-under-paul-ryans-plan/261027/
Uber Dave wrote: "Guess what nitwit, capital gains is higher than 20% right now and that is what Romney wants to drop it to..." OK, Dave. You just proved yourself to be a moron. Long term capital gains tax rate is 15%.
Representatives Ryan and Akin, in fact, have voted in lockstep on abortion matters "Representatives Ryan and Akin, in fact, have voted in lockstep on abortion matters since Akin joined Ryan in the House in 2001. Moreover, they teamed up on a controversial bill defining life as beginning at conception. Similar measures put forward at the state level have been rejected by voters and lawmakers even in GOP strongholds such as Mississippi." http://www.csmonitor.com/USA/DC-Decoder/2012/0821/Where-Todd-Akin-and-Paul-Ryan-agree-and-disagree-on-abortion
Hint: tax revenue went down.
Why did Reagan raise taxes after he cut them? "With the stroke of a pen, Reagan had reduced individual tax rates by 23 percent, slashed the top marginal rate from 70 percent to 50 percent, and dramatically accelerated the pace at which corporations could write off new investments. Altogether, Reagan gave taxpayers about $143 billion in tax relief over each of the next four years. And then -- just two months later -- he asked for about a third of it back. How did Reagan the tax cutter become Reagan the tax raiser? And how did it happen so quickly?" http://www.bloomberg.com/news/2011-08-16/why-reagan-raised-taxes-and-we-should-too-echoes.html
Yes! Because raising the capital gains tax rate from 15% to 20% is the SAME as taking ALL the money from the rich!
Is it your house if you don't pay you mortgage payment?
So cutting tax rates doesn't ALWAYS generate MORE revenue. QED.
Michael the Moron wrote: "Just because you say it doesn't make it so" How much tax revenue are you going to collect when the tax rate is cut to ZERO? It doesn't take an economics course to figure it out!
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