Economy: Economic News, Policy & Analysis - The Washington Post: Ryan’s tax plan: $6.2 trillion short

Economy: Economic News, Policy & Analysis - The Washington Post Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.

Ryan's tax plan: $6.2 trillion short Mar 20th 2012, 21:04 The Tax Policy Center looked into the revenue loss associated with House Budget Chairman Paul Ryan's plan to cut the tax code down to two rates of 10 percent and 25 percent. They estimate the changes would raise $31.1 trillion over 10 years, or 15.4 percent of GDP. That's $10 trillion less than the tax code would raise if the Bush tax cuts were allowed to expire, and $4.6 trillion less than it would raise if all of the Bush tax cuts were extended. Read full article >>

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