MADISON-Paul Ryan, author of the plan to end Medicare, is leading Wisconsin Congressional Republicans in tax hypocrisy, calling the payroll break for workers a “sugar high” while defending tax cuts for billionaires and hedge fund managers.
Ryan is part of a Congressional Republican leadership that wailed to the heavens when the Bush-Era tax cuts for the richest one percent of Americans were set to expire. But now, with President Obama considering extending the payroll tax holiday as a way of stimulating a sluggish economy put at risk by the “Republican Downgrade” of long-term U.S. Treasury bonds, Ryan and Wisconsin Republicans are hypocritically balking.
“When a fat cat pays a penny in taxes it is cause for Paul Ryan to scream bloody murder about tax increases, but when American workers are allowed to keep more of their hard-earned dollars, Ryan and Wisconsin’s Republican delegation sing an altogether different tune,” Democratic Party of Wisconsin Chair Mike Tate said Thursday. “Apparently, sipping $350 bottles of wine is the only type of work that Ryan and the Republicans believe is worth rewarding.”