Saturday, December 18, 2010

Paul Ryan Net Worth

Paul Ryan Net Worth

How much does Paul Ryan make?

Paul Ryan is the U.S. Representative for Wisconsin's 1st congressional district, serving since 1999. He is a member of the Republican Party.

His annual salary is approximately US $ 150,000.

His approximate estimated net worth is US $ 500,000 or even more.

On Wall Street Journal he said,

It's all about fairness. The income tax structure you have devised taxes Warren Buffettat a FULL 10% lower than most middle class Americans. Warren's LT Capital Gains get taxed at 15%. Most of middle class America gets trapped (by AMT) paying 25% on their capital gains.
I'm paying 25% on my LT Capital Gains, to Warren's 15%. My net worth? It's only .000075 that of Warren's. My total income? Likely only a gnat on an elephant's ass in comparing me to Warren. But my tax rate is substantially more than that of a Billionaire? Just how in the hell is that fair?

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