The Reality Of The Ryan Budget, Ctd

Continetti plays defense:

The business consumption tax would be passed on to the consumer, making it regressive. But Ryan notes that Americans indirectly feel the consequences of the above-average U.S. corporate tax rate today, through lost wages and higher prices. And these effects are regressive, too. Unlike the current situation, Ryan goes on, the business consumption tax "is cleaner, simpler, and it's on paper." It would also make American exports more competitive than they are today. "I believe it's a better deal," he says. Most important: "It's more uniform. You can't play social engineering."

2006-2011 archives for The Daily Dish, featuring Andrew Sullivan