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Paul Ryan talks taxes & spending with MSNBC's Chris Matthews

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Uploaded by on Jul 26, 2010

$4.8 trillion in specific spending cuts in the House Republicans' Budget Alternative: http://www.house.gov/budget_republicans/hbcrepbudget.shtml
$1.3 trillion in specific spending cuts offered by House Budget Committee Republicans: http://www.house.gov/budget_republicans/press/cutspendingnow.pdf
A plan to pay off our crushing burden of debt, reform our tax code to promote growth and job creation, and reform our entitlement programs to save these programs: http://www.americanroadmap.org/

Democrats' plans to get a grip on the explosion of government spending, balance the budget (or simply offer a budget), promote economic growth and private sector job creation: ???

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  • The point Paul Ryan is making is 75% of the "Rich" Chris Mathews speaks of are small business owners who are taxed as individuals. These small businesses create jobs.

    There are people who received a tax refund even though they earn no money. The more money businesses earn the more taxes that are paid. If companies do well they hire more .people. More people working more taxes are paid. Don't be fooled into thinking because people do well they must be taxed(punished)more and more!

  • @Mutlap -- i lived in Texas towns where we have many small business owners - barber shop, jewelry store, cafe etc

    And then you have medium sized business owners

    And large business owners

    How would you divide them based on net annual ncome?

  • 75% of rich are small business owners and are taxed as individuals at 6:39.

    Job creators.

  • @DillonDee1 Explain how!

  • @DillonDee1 Explain disposable income and job creation. You talk and you have no clue in reality.

  • PAUL RYAN'S PLAN IS TO SCREW OVER THE MIDDLE & LOWER CLASSES

  • @AnRam013 ..... As it came out his pimply ahole.

  • Paul Ryan just ate Chris Matthews' lunch

  • @86Gramms the board of trustees for SS and medicare have said that SSDI will be exhausted in 10 yrs, medicare will start running deficits in a few years and be exhausted near 2030. SS retirement will be exhausted near 2040. reforms have to be done now so drastic measures arent needed later

    I agree with you about the wars, we should stop them all immediately. I would disagree with you about unions being the great benefit they are portrayed as, especially as they are operate today

  • @86Gramms federal debt has not been paid down over a fiscal year since 1957. Much of his economy was also a low interest rate fueled bubble economy. People often forget the dotcom bubble and many of the housing regulations put in during his terms contributed to the housing bubble. that said, his economy was still preferable compared to bush's and obamas, that goes without saying.

    SS and medicare need reform. reform doesnt mean throw grandma out in the street. in their 2010 financial report...

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