Paul Ryan Has Now Released His Fiscal Plan – And Here’s The Only Thing Anyone Needs to Know About It

“It’s a Joke, Son, It’s a Joke”

Okay, so now the fantasy land of Republican fiscal policy is full front and center.  Paul Ryan has released his so-called balanced budget plan.  There will be more than enough comment from serious people who will dissect the plan and expose it for what it is, a sham political document with no basis in reality.

But if anyone wants to know in a single thought how intellectually dishonest the plan is, here is just two excerpts.  The first is the plans attitude towards taxes.

Solutions

• Simplify the tax code to make it fairer to American families and businesses.

• Reduce the amount of time and resources necessary to comply with tax laws.

• Substantially lower tax rates for individuals, with a goal of achieving a top individual rate of 25 percent.

• Consolidate the current seven individual-income-tax brackets into two brackets with a

first bracket of 10 percent.

• Repeal the Alternative Minimum Tax.

• Reduce the corporate tax rate to 25 percent.

• Transition the tax code to a more competitive system of international taxation.

Yes that is correct, a massive tax cut for the wealthiest Americans.

And here is the plan’s recommendation for Social Security.

Social Security in brief

• Require the President to submit a plan to shore up the Social Security Trust Fund.

• Require Congress to submit a plan of its own.

Yes, this Forum would present more, but it is impossible to write when one is laughing this hard.