I dont want to get into the whos a hostage-taker discussion here, but what is the estate tax? Its a double tax on death. Economists will tell you that its really not a tax that soaks the rich, but its a tax on capital that deprives business investment and therefore job creation. – Paul Ryan
So, in Europe, theyre cutting peoples retirement and health benefits. And thats what we want to avoid from happening. Theyre raising taxes, entering a recession. Thats the kind of economic program that President Obama has put in place. – Paul Ryan