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Paul Ryan

Ryan says tax overhaul will include a bracket aimed at the wealthy

Ryan says tax overhaul will include a bracket aimed at the wealthy

House Speaker Paul D. Ryan said Friday that the Republican tax overhaul will include a fourth bracket for the wealthiest Americans to ensure that high earners don’t benefit more than the middle class.

The bracket would be “designed to make sure we don’t have a big drop in income tax rates for high-income people,” Ryan (R-Wis.), told “CBS This Morning.” Ryan didn’t say what the tax rate or income level would be for the fourth bracket in the Republican plan.

The outline of the tax plan released last month by the White House and top congressional Republican...

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