Debate 2: Vice Presidential Candidates

Taxes

Biden said that the Bush tax cuts for the wealthy should expire and the middle class should pay less.

Ryan said that the math didn’t add up.

“There aren’t enough rich people and small businesses to tax to pay for all their spending,” Ryan said. “Watch out, middle class, the tax bill is coming to you.”

Ryan said that two-thirds of our jobs come from small businesses, and taxing most of small businesses’ income isn’t the solution. He said the Romney campaign wants to lower tax rates across the board.

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