CLINTON, Iowa, Oct. 2 (UPI) -- GOP U.S. vice presidential nominee Paul Ryan said Tuesday the tax plan he supports would result in a "net tax liability reduction" for those earning $150,000.
In an interview with Bloomberg TV in Clinton, Iowa, Ryan said the tax plan he and presidential nominee Mitt Romney propose would lower tax rates for all income levels by 20 percent, while mostly limiting deductions for "those at the top end, and then get rid of all those sort of nook and cranny tax expenditures."