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

The Reality Of The Ryan Budget, Ctd

By The Daily Dish
Mar 11 2010, 12:05 PM ET

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."



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