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Tax Policy Center

Ryan Budget Would Raise Some Taxes; Guess Who Gets Hit?

You’ve undoubtedly heard lots about how House Budget Committee Chairman Paul Ryan’s budget plan would give millionaires an average $265,000 apiece in new tax cuts, on top of the $129,000 apiece they would get from Ryan’s call to extend President Bush’s tax cuts. Have you also heard, however, that he wants to raise taxes for some other Americans?  Want to guess who would bear the brunt of his tax hikes?

Senator Toomey’s Tax Plan Can’t Do Everything That He Says It Does

Senator Pat Toomey (R-PA) pounced on CNN’s Soledad O’Brien this week when she raised findings from an analysis that CBPP issued last fall of the tax plan that the Senator proposed to the congressional “Supercommittee.”  Senator Toomey asserted that a finding that O’Brien cited — that his tax plan would raise taxes on people making less than $200,000 — was “factually wrong and ridiculous.”

Really?  Let’s take a look:

In presenting his plan to the Supercommittee, Senator Toomey indicated it would:

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