Ryan Further-Reaching Than Romney on Taxes Without Detail
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Representative Paul Ryan, Mitt Romney’s choice for vice president, has offered a more far-reaching reshaping of the U.S. tax system than the man at the top of the ticket, while neither candidate has explained how to pay for his plans.
Like Romney, the Wisconsin Republican proposes cutting top tax rates for individuals and corporations in ways that would require eliminating hundreds of billions of dollars a year in tax breaks to avoid increasing the federal budget deficit.