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Ryan: Bill, designed for those who want to get in the middle of the biggest break
The house speaker responds to a question from the town hall audience.
Speaker Of The House Of Representatives Paul Ryan, R-Wis., Fox News town hall, on Tuesday said that the Republicans included a provision to repeal ObamaCare, the individual mandate in the house tax reform bill, because “we did not want to complicate, unnecessarily,” a vote on the measure later this week.
“The house has already,” Ryan hosts Bret Baier and Martha MacCallum in Herndon, Va said. “The house passed our health care bill back in may, which repealed the individual mandate. So, we are on record in favor of this.”
Ryan spoke hours after Republican said on the Senate Finance Committee, the insertion of a provision on the repeal of health care would be reductions requirement in their bill in an attempt to the financing of the legislation, low tax.
Speaker Ryan: tax increases, small business job growth
“We are of course in favor of the repeal of the individual mandate,” Ryan said, “but we didn’t want to unnecessarily complicate the passage of tax reform … So we can see the Senate as a first go and see if you can get that done and then we will discuss whether or not it is at the end [of a conference].”
The house is expected to vote on its tax bill, later this week. On Tuesday, town hall, Ryan the legislation is framed as a fairer alternative to the current tax legislation.
“Our whole theory … let’s stop picking winners and losers,” the spokesman said. “We want a lot of these discreetly get rid of loopholes that are disproportionately enjoyed by high-income … and easy money to lower prices on the whole line.”
Ryan to the debate on the state and local tax deduction
Ryan promised that the bill would benefit average Americans, despite complaints from lawmakers from the so-called “high-tax States,” the taxes of their voters would see their taxes rise due to the planned limits on the Federal deduction for state and local property, income and sales.
“The average taxpayer in every income group gets a tax cut,” Ryan said. “This tax for the average taxpayer, in each state, get a tax cut.”
Ryan also responded to criticism that the bill’s proposed corporate tax cuts would deepen the income inequality, to say, an audience questioner, “the best thing you can do to reduce income inequality is to grow the economy, and people in better jobs with higher wage growth.”