When asked by host Chris Wallace if his plan was distributionally neutral, meaning that “the wealthy aren't going to benefit and the middle class isn't going to suffer,” Ryan was noncommittal.
“I don’t know,” he said. “There is no way to know the answer to that question. But we do believe in a progressive tax system. That’s why we have two tax rates. Ten percent tax rate for low and middle income and 25 percent tax rate for higher income earners. Whether it is distributionally the same as the current code, it’s impossible to answer that question.”
Paul Ryan: 'I Don't Know' if My Budget Proposal Puts Higher Burden on Middle Class
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Seeded on Sun Mar 25, 2012 1:10 PM
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