Paul Ryan: Class warfare makes good politics, but terrible economics

Paul Ryan joins CNBC’s Larry Kudlow on Tax Day
April 15, 2010

“You tax something more, you get less of it. You tax something less, you get more of it. If you tax labor, capital, savings and investment more, you get less of those things, especially in the 21st century global economy…The Ways and Means Committee has been a really busy committee lately. Since this new Administration joined forces with this Democratic Majority in Congress, $670 billion in new tax increases have been enacted into law.”

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