I went to the article’s referred link for Paul Ryan’s tax plan. It says, “The tax plan Ryan put forward in June would lower the corporate tax rate, lower rates for the wealthy, and repeal the estate tax. An analysis of the plan found that 99.6 percent of its benefits would go to the richest 1 percent of Americans, leaving just 0.4 percent for everyone else. It would also cost the government $3.1 trillion over a decade.”

Thanks to the January 1981 advent of Reaganomics (annually increase spending, enact revenue-reducing tax cuts, and fund the resulting budget deficits by borrowing), the federal debt has since grown from $930 billion to $19.7 trillion of postponed taxes. Moreover, during the same period, the debt’s interest has cost $11.4 trillion which is why the Fed keeps evading increasing interest rates back to historically normal levels that would significantly multiply the debt’s interest cost.

When are so-called Republican fiscal conservatives going to realize that tax cuts are absolutely unaffordable until sustainable budget surpluses are attained and the debt substantially reduced? And, when are we going to begin hearing current presidential and congressional candidates of both political parties agree on the necessity of enacting a long-term moratorium on any federal tax cuts (and also congressional salaries/benefits) until the federal government’s debt is significantly reduced by, say, 50 percent?