On Ryan's tax announcement . . . "We get a cup of coffee"

[Wellstone ruled]

10. So the Koch Brothers,the Waltons,

and Sheldon Adelson as well as Steve Wynn,receive millions in Negative Tax Refunds,while every Household with dependency on Social Security Income,will be able to not pay Federal Income Tax on the first 24k,but will lose their 15k in deductibles. And that will be replaced by a increase in personal Exemption of a few hundred dollars. So,all those people will have to pay 12-28% on every dollar over 26k. If that's the case,whoa nellie,we will see the largest Tax Increase ever on 47% of Americans.

Here is the kicker,if you are required to do a minimum withdrawal on your 401 k's,that money will drive your Federal Gross Taxable Income even that much higher. Get ready for a major economic down turn like we never seen in our life time.