Democratic Rep. Tim Ryan says he supports 'a tax cut for working people that will affect everybody'

[Yo_Mama_Been_Loggin]

Source: Insider

Democratic Rep. Tim Ryan on Sunday said that he supports a tax cut that would help working-class Americans instead of President Joe Biden's student loan forgiveness plan.

"There's a lot of people out there making 30, 40 grand a year that didn't go to college, and they need help as well, which is why I have been proposing a tax cut for working people that will affect everybody," Rep. Tim Ryan said on CNN's State of the Union.

Biden on Wednesday said his administration plans to forgive $10,000 in federal student-loan debt for borrowers earning under $125,000 per year, with up to $20,000 in relief for those who received Pell grants and fall under the same income threshold, Insider previously reported.

The Ohio lawmaker is of a few in the Democratic party who vocalized their mixed review, while others have been praising Biden's student loan forgiveness plan.

Read more: https://www.msn.com/en-us/news/politics/democratic-rep-tim-ryan-says-he-supports-a-tax-cut-for-working-people-that-will-affect-everybody-over-biden-s-student-loan-forgiveness-plan/ar-AA11cr78

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You can't do both?

[ColinC]

1. I think he's shooting himself in the foot by saying things that will likely depress his more

progressive voters.

[questionseverything]

2. Both is good

[groundloop]

3. Democrats could learn from the GQP about party unity, especially close to an election

The one and only thing that the GQP does well is to put up a unified front. In an election year our Democratic Representatives and Senators need to learn how to do that. The media and GQP will pounce on any little hint of a fracture among Democratic unity, we can't have that right now.

[JI7]

4. Tax cuts won't help. But he can say whatever he needs to win the state

I do think he needs to bring attention back to abortion rights .

[Warpy]

5. Hey, tax cuts don't do a fucking thing for working people and never did

People at the bottom of the heap pay too little in absolute terms to benefit from any of them.

Now what will work is hiking the minimum wage until it is above the poverty level, instead of below subsistence.

(Note: this is constructive criticism of a Democrat who thoughtlessly issued boilerplate about something that has never helped working people but has enriched billionaires handsomely)

[LiberalFighter]

6. Seems like he doesn't get it.

Not everybody needs or should get tax cuts. Especially the well-off.

There should be additional tax brackets that cover upper incomes.

[slightlv]

7. I'd like to see some actual time and thought

put into something that could be useful to people in all areas of their lives. For example, I no longer work. A tax cut *could* be helpful to me, I guess, if it came off the bottom line. But probably not.

What *would* be helpful to us is to go back to the way it used to be in this country and stop taxing our social security benefits.

I'm assuming SSI, SSDI, and any other assistance is taxed the same way as SS is currently taxed. Stop that taxation and it would help those individuals, as well.

I understand and appreciate the need to raise the minimum wage, and absolutely agree with it. But it adds a layer of complexity where you have to get it past the businesses. And there are always carve outs so there's always someone who gets left out, it seems. The tax code seems to be where we can affect the most people with the least hassle.

As a senior who lives on nothing but a very small pension < $400/mo plus SS, I would think I'd be a good test case to play around with the taxation proposition, and offer myself up as such. I know we normally don't even have to file we "make" so little.

There are other things beside tax cuts that could be done - things that used to done that lowered your net income. Things like deductions 1 on 1 for interest payments to credit cards, automobile loans and other loans, etc. Perhaps going back to something like this? But that's getting beyond "sound bites" which is beyond what this rep is trying to do, I think. I don't blame him, I just don't think he can do what he wants with a sound bite.

[Grins]

8. "Instead" of Biden's student loan forgiveness?

That ship has sailed, but thanks for stabbing Biden in the back with a stunt that will go nowhere.

This is Ryan pandering to get votes. I like him, sometimes, and other times he pisses me off. This is one of the latter.

[JohnnyRingo]

9. Tim Ryan is a seasoned politician.

He's done this before where if there's a done deal he'll move to the right to appeal to those disenfranchised voters. If it's something close that needs his support to pass he aligns with the left. When there was no chance of Roe Wade being overturned he was leaning pro life for years. When it looked to be in peril, he suddenly had a change of heart on the issue.

He's a conservative when he can get away with it and a liberal when he needs counted on. I know, I live in district, and I know who he was mentored by.

[padah513]

10. Maybe he should be more like Sherrod Brown

He seems to do okay without pandering or isolating

[oldsoftie]

11. If you're making "30-40 grand a year" you already dont pay much, if any, income taxes.

Especially if thats a married couple.
You can make ups to 75,000 a yr and STILL pay very little income taxes.