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Ryans Shrewd Budget Payday - 6/17/2011 5:07:05 PM   
Brain


Posts: 3792
Joined: 2/14/2007
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The extent of the hypocrisy is quite frankly astonishing but then again why would the media want to talk about hypocrisy like this when it can talk about Anthony Wieners' penis.



Ryan's Shrewd Budget Payday

Nonetheless, the properties have been a lucrative investment for Ryan and his wife, earning them as much as $117,000 last year, and $60,000 the year before, his personal financial disclosure reports show. Overall, Ryan, 41, listed assets worth between $590,000 and $2.5 million, putting him in the top third of the richest members of the House.

While Ryan’s stake in the oil and gas firm was his smallest at 0.8 percent, it was listed as one of his most valuable assets, generating as much as $50,000 of his income last year, the report shows.

Aside from the land-lease income, Ryan could also personally benefit from the package of subsidies and incentives he has fought to protect. According to a report from the Joint Committee on Taxation, Ryan himself would be eligible to recover money from the government for investments the four family companies might make in such things as machines and maintenance if they didn’t pan out on the properties and failed to generate revenue.

http://www.thedailybeast.com/articles/2011/06/17/paul-ryan-s-shrewd-budget-payday-congressman-could-benefit-from-tax-breaks-he-proposes.html

Paul Ryan




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