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In response to
"And yet Ryan's plan still says it'll do more in 10 years than Obama's would do in 12... -- nm"
by
Ender
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All political plans are rosy. Ryan plan forecasts a rise in tax revenues to 19% of GDP, but the Tax Policy Center says they'll fall to below 17%, with
Posted by
Roger More (aka rogermore)
Apr 13 '11, 16:09
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the benefits accruing to the richest 20% of taxpayers, because capital income would be exempt.
"The share of total taxes paid by the bottom 80 percent would rise from 35 percent to 42 percent, while the share paid by the top 1 percent would fall by nearly half from 25 percent to 13.5 percent."
and
"While average rates would change little among the bottom 80 percent, they would fall dramatically at the top. For example, the average tax rate for the top 0.1 percent would plummet from 30 percent under current law to just 11 percent under the Roadmap"
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Responses:
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