Post by duke on Aug 11, 2012 17:19:07 GMT -5
Twelve Things You Should Know About Vice Presidential Candidate Paul Ryan
Saturday, 11 August 2012 09:24 By Igor Volsky,
Mitt Romney has picked as his running mate 42 year-old Republican Congressman Paul Ryan (R-WI), the architect of the GOP budget, which the New York Times has described as 'the most extreme budget plan passed by a house of Congress in modern times.' Below are 12 things you should know about Ryan and his policies:
1. Embraces extreme individualism. Ryan heaped praise on Ayn Rand, a 20th-century libertarian novelist best known for her philosophy that centered on the idea that selfishness is 'virtue.' Rand described altruism as 'evil,' condemned Christianity for advocating compassion for the poor, viewed the feminist movement as 'phony,' and called Arabs 'almost totally primitive savages. Though he publicly rejected 'her philosophy' in 2012, Ryan had professed himself a strong devotee. 'The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand,' he said at a D.C. gathering honoring the author of 'Atlas Shrugged' and 'The Fountainhead.' 'I give out 'Atlas Shrugged' as Christmas presents, and I make all my interns read it. Well… I try to make my interns read it.' Learn more about Ryan's muse:
2. Raises taxes on the middle class, cuts them for millionaires. Paul Ryan's infamous budget — which Romney embraced — replaces 'the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.' Federal tax collections would fall 'by about $4.5 trillion over the next decade' as a result and to avoid increasing the national debt, the budget proposes massive cuts in social programs and 'special-interest loopholes and tax shelters that litter the code.' But 62 percent of the savings would come from programs that benefit the lower- and middle-classes, who would also experience a tax increase. That's because while Ryan 'would extend the Bush tax cuts, which are due to expire at the end of this year, he would not extend President Obama's tax cuts for those with the lowest incomes, which will expire at the same time.' Households 'earning more than $1 million a year, meanwhile, could see a net tax cut of about $300,000 annually.'
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truth-out.org/news/item/10837-twelve-things-you-should-know-about-vice-presidential-candidate-paul-ryan
Saturday, 11 August 2012 09:24 By Igor Volsky,
Mitt Romney has picked as his running mate 42 year-old Republican Congressman Paul Ryan (R-WI), the architect of the GOP budget, which the New York Times has described as 'the most extreme budget plan passed by a house of Congress in modern times.' Below are 12 things you should know about Ryan and his policies:
1. Embraces extreme individualism. Ryan heaped praise on Ayn Rand, a 20th-century libertarian novelist best known for her philosophy that centered on the idea that selfishness is 'virtue.' Rand described altruism as 'evil,' condemned Christianity for advocating compassion for the poor, viewed the feminist movement as 'phony,' and called Arabs 'almost totally primitive savages. Though he publicly rejected 'her philosophy' in 2012, Ryan had professed himself a strong devotee. 'The reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand,' he said at a D.C. gathering honoring the author of 'Atlas Shrugged' and 'The Fountainhead.' 'I give out 'Atlas Shrugged' as Christmas presents, and I make all my interns read it. Well… I try to make my interns read it.' Learn more about Ryan's muse:
2. Raises taxes on the middle class, cuts them for millionaires. Paul Ryan's infamous budget — which Romney embraced — replaces 'the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.' Federal tax collections would fall 'by about $4.5 trillion over the next decade' as a result and to avoid increasing the national debt, the budget proposes massive cuts in social programs and 'special-interest loopholes and tax shelters that litter the code.' But 62 percent of the savings would come from programs that benefit the lower- and middle-classes, who would also experience a tax increase. That's because while Ryan 'would extend the Bush tax cuts, which are due to expire at the end of this year, he would not extend President Obama's tax cuts for those with the lowest incomes, which will expire at the same time.' Households 'earning more than $1 million a year, meanwhile, could see a net tax cut of about $300,000 annually.'
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truth-out.org/news/item/10837-twelve-things-you-should-know-about-vice-presidential-candidate-paul-ryan