The following article by Nicole Lewis was posted on the Washington Post website September 18, 2017:
“It is a terrible tax system that was written in ’86. … The headlines write themselves: We tax our corporations at 35 percent, and successful small businesses are taxed as high as 44.6 percent. The average tax rate in the industrialized world for businesses is 22.5 percent.”
— House Speaker Paul D. Ryan (R-Wis.), during an interview with the Associated Press, Sept. 13, 2017
House Speaker Paul D. Ryan wants Americans to start 2018 with a new tax system. After the Republican-controlled Congress failed to repeal the Affordable Care Act, the pressure is mounting to pass major legislation. And Ryan is hoping to win on taxes. Continue reading “Speaker Ryan’s fuzzy math on the nation’s ‘terrible tax system’”