Presidential campaign proposals

President Trump Wants the Affordable Care Act Overturned. It Would Cut Taxes Substantially for High-Income Households

October 27, 2020 –

The highest-income 1 percent of households (those with income more than $788,000) would, on average, receive tax cuts of nearly $28,000.

Biden’s First-Time Homebuyer Tax Credit Is A Big Improvement Over The Mortgage Interest Deduction

October 22, 2020 –

A $15,000 tax credit to help new homebuyers with their down payment is a significant improvement over today’s primary subsidy for homeowners.

Campaigns, Proposals, and Reforms

TPC Updates Its Analysis: Biden Would Raise Taxes by $2.1 Trillion, Nearly All On Business and High-Income Households

October 15, 2020 –

Democratic presidential candidate Joe Biden’s current campaign plan would raise taxes by $2.1 trillion over the next decade, about 0.9 percent of Gross Domestic Product.

Individual Taxes

A Close Look at Joe Biden’s Social Security Proposals

October 12, 2020 –

We recently compared Social Security proposals advanced by Democratic presidential nominee Joe Biden and four of his primary rivals.

Campaigns, Proposals, and Reforms

Would Joe Biden Raise Taxes on Low- and Moderate-Income Families? It Depends on What You Mean by Taxes

September 1, 2020 –

Is Democratic presidential candidate Joe Biden proposing to raise taxes on low- and middle-income households? He emphatically says no. President Trump and his allies say...

Campaigns, Proposals, and Reforms

Donald Trump’s Bullet Point Tax Agenda

August 25, 2020 –

President Trump is formally kicking off his reelection campaign with a couple of pages of bullet points. It makes for a thin tax policy agenda.

Campaigns, Proposals, and Reforms

Biden’s Tax Hikes May Be A Tough Sell In 2021. What If He Paired Them With Big Refundable Tax Credits?

August 19, 2020 –

The real question for Biden is how much of his ambitious tax plan could Congress realistically pass next year.

Campaigns, Proposals, and Reforms

Senator Kamala Harris Proposed A Bold Tax Credit To Help Low- And Middle-Income Workers

August 13, 2020 –

As a senator, Kamala Harris has proposed broad legislation designed to raise the incomes of low- and middle-income workers via her LIFT the Middle Class Act.