To: Road Walker who wrote (22218 ) 7/27/2010 12:01:53 PM From: longnshort 1 Recommendation Read Replies (1) | Respond to of 86356 MATTHEWS: OK. Let`s get back to the bottom line. Are you comfortable going to the voters, Congressman Crowley, with a proposal to eliminate the $250,000 and above tax cut? CROWLEY: I could tell you, Chris, in my district, there are very few people who make more than that money (INAUDIBLE) just a gross income of $250,000 or more. And I think, to live in the greatest country, as I said before, the world has ever known, it`s a small price to pay. MATTHEWS: Let me ask you, Congressman Ryan -- you have no problems defending tax cuts for people who make over a quarter a million a year? RYAN: Small businesses -- go to Wisconsin. (CROSSTALK) Now watch Matthews either demonstrate staggering ignorance or shameful dishonesty: MATTHEWS: No, no, individuals. It`s an individual tax cut. And small businesses are owned by WHOM, Mr. Matthews? The lesson continued: RYAN: No, no. You have to understand, Chris, 75 percent of those people who pay that tax rate are small businesses who file as individuals, not corporations. That`s the problem with this economic argument, Chris, is when you think you`re just taxing rich people like Bill Gates, what you`re end up doing is you`re hitting successful small businesses. When we tax our employers more than our foreign competitors tax theirs, they get our jobs and we lose in global competition. So, we ought to be keeping our eye in economic growth and job creation, what`s necessary to do, and that means low tax rates on businesses and small businesses in certainty. We have a whole new tax on certainty that`s hurting economic growth. We need to give taxpayers certainty that they`re not going to have a huge wave of tax increases in 2011 and then another in 2013.Message 26712388