Path to Prosperity (Episode 3): 3 Steps to Pro-Growth Tax Reform -- VISUALIZED

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[poindexterwitkowsky]

RADICAL REPUBLICAN PAUL RYAN has stated that he would close UNSPECIFIED TAX LOOPHOLES through the implementation of his so called "RYAN BUDGET". More likely than not the MORTGAGE INTEREST DEDUCTION will be on of those loopholes. America DO THE MATH. Take the MORTGAGE INTEREST DEDUCTION out of your 2011 tax return & see how much more you would have paid in taxes. NOW YOU KNOW WHY RYAN WON'T TELL YOU WHICH LOOPHOLES HE WOULD CLOSE.

REGISTER ON YOUTUBE and tell RYAN and ROMNEY how you feel.

[TheDavoo]

Everybody point and laugh at the guy who obviously didn't watch part 2. XDXDXD

In all seriousness though, don't worry about it. Just watch part 2.

[JoshBoschke]

If the government was handing out free money, I'd raise my prices too.

[rb3264]

If you read the budget plan itself and the plan of Simpson-Bowles you will see that when you cut out loopholes and deductions you can actually get the top rate down to 23% (that is also in a CRS report about tax reform). If the mortgage interest deduction is cut it is made up with tax rate cuts as well.

[Chris M]

Paul Ryan you are an inspiration! Australia needs a man like you in government!

[TheLifeOfaPsycho]

But if your rate is let's say 20% and after you add that deduction it's now let's say 15%; if they lower the rate so it's 15% and then they take out that deduction, you're still paying the same percentage as before, but you saved time and money getting your taxes down to what it would have been. lol

[Elisha Bonack]

AMERICA DO THE MATH - EACH ONE OF YOU, YES, THE TAXPAYERS OUT THERE, HAVE A $142,000 SHARE OF THE DEBT!! ($52,000 PER CITIZEN) - For all those who disagree with you, and are trying to show you how unsustainable this is, they are right! Just wait a few decades, and then once you come back to the table, we can talk.

[TheQuantumSeven]

Don't forget about the other thing he said. You know, the part about lowering rates for everybody? Oh yeah. He didn't win, but he's still in power, and I hope his budget, with bipartisan edits maybe, will go through.

[skylarscaling]

Ok, now include the proposed overall reduction in tax rates and see where you end up. You can't look at one part of the reform independent of the other. If you close loopholes AND reduce rates, individuals are better off and the economy is better off. And the special interest groups and ultra-wealthy people who rely on loopholes to shelter their money from taxes end up paying a fair share, which is MORE than they are paying now. KNOWLEDGE!

[UB187chad]

to anyone who votes for Obama, Please comment on this post, tell me why and give specific examples on how Obama's tax reform will benefit ,or any plans of Obama's for that matter, that you think will be an asset to America. So i can school you on your ignorant ideology of politics... Thank You ...oh p.s. i bet half of the people who are reading this post do not know both sides of the issue, Romney's plans, nor Obama's plans due to the media filling you full of shit, so read up children!! lol

[Leon Visa]

Radical Paul Ryan? So being a fiscal conservative capitalist like Reagan(who is now the 2nd best president in US history) is being radical? From what planet are you from? What leftist professor did it take to brainwash you? Ryan is not radical, he is simply giving some dose of common sense to each of everyone of you. You don't even seem to understand what Ryan is talking about or you don't even understand wich are the correct path's.