Sunday, September 30, 2012

No Time Like The Present

Rep. Paul Ryan doesn't have time to explain to you how he's going to pay for the Romney/Ryan tax cuts for the rich...because he can't tell you the truth:  a massive tax increase on the other 95% of us.  Here he is talking to Chris Wallace on FOX News Sunday:


WALLACE: So how much would it cost?
RYAN: It’s revenue neutral…
WALLACE: No no, I’m just talking about cuts. We’ll get to the deductions, but the cut in tax rates.
RYAN: The cut in tax rates is lowering all Americans’ tax rates by 20 percent.
WALLACE: Right, how much does that cost?
RYAN: It’s revenue neutral.
[...]
WALLACE: But I have to point out, you haven’t given me the math.
RYAN: No, but you…well, I don’t have the time. It would take me too long to go through all of the math. But let me say it this way: you can lower tax rates by 20 percent across the board by closing loopholes and still have preferences for the middle class. For things like charitable deductions, for home purchases, for health care. So what we’re saying is, people are going to get lower tax rates.

It would take him too long to go through the math, see, because he'd have to use imaginary numbers and you'd laugh at him and hurt his feelings.  Also, he doesn't know, because the math doesn't work in the least.  The only way it does is either trillions in massive spending cuts on social programs, trillions in new taxes on the middle class, or he's completely lying and the deficit will skyrocket.

Probably a combination of all three.

There's your math.

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