Biden Pins Ryan Down On Taxes: ‘Oh, Now You’re Jack Kennedy?

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“Governor Romney, 10 days ago, was asked, you pay 14% [taxes] on $20 million. Someone making $50,000 paid more than that. Do you think that is fair? He said, yes, that is fair,” Biden said. “You think these guys are going to cut those loopholes?”

Ryan insisted that the reforms could go forward without hurting the middle class.

“It has been done before,” he said.

“It has never been done before,” Biden shot back.

“Jack Kennedy — lower tax rates increased growth,” Ryan said.

“Oh, now you’re Jack Kennedy?” Biden said.

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