'Loophole closer' Ryan tries to create them for his biggest donors | Wis.Community

'Loophole closer' Ryan tries to create them for his biggest donors

Jennifer Bendery on Huffington Post:

House Budget Committee Chairman Paul Ryan (R-Wis.) has for months argued for closing tax loopholes as a way to pay for his proposed tax cuts. But it turns out he has a penchant for creating those same loopholes when it comes to helping out his biggest donors. Since unveiling the House GOP budget in the spring, Ryan has been touting provisions aimed at ending tax loopholes and deductions in exchange for lowering tax rates in general...

His history is just the opposite, seeking to expand loopholes for his donors. For example, S.C. Johnson & Son donated $41,092 to Ryan between 1998 and 2012. Ryan introduced two bills in May 2005 that would have granted the company special exemptions from tariffs.

Neither bill went anywhere. Ryan has passed two bills since 1999, and one was to name a post office for Les Aspin, his Democratic predecessor. More here.

Published

August 22, 2011 - 3:18pm

Author

randomness