WASHINGTON (AP) - When it comes to their federal taxes in the last two years, Republican presidential candidate Mitt Romney has paid a lower federal tax rate than his running mate, congressman Paul Ryan.
The Republican campaign released Ryan's tax returns on Friday.
Ryan paid an effective federal tax rate of 15.9% in 2010 and about 20% in 2011.
In 2010, Ryan and his wife reported an adjusted gross income of just over $215,000. In 2011, their reported adjusted gross income was just over $323,000.
Romney paid about $3 million in federal income taxes in 2010, an effective federal tax rate of 14%. For 2011, Romney's campaign estimates that he will pay about $3.2 million with an effective federal tax rate of about 15.4%.
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