Trump Versus Biden Tax Plans

Trump Versus Biden Tax Plans
In this combination of file photos, former Vice President Joe Biden speaks in Wilmington, Del., on March 12, 2020 (L) and President Donald Trump speaks at the White House in Washington, on April 5, 2020. AP Photo
Petr Svab
Petr Svab
reporter
|Updated:

Both presidential candidates plan to make changes to the tax code, but largely in opposite directions. While President Donald Trump plans further tax reductions, his Democratic opponent, former Vice President Joe Biden, plans to raise taxes on the rich and businesses.

Both candidates are also proposing a number of tax incentives for particular behaviors.

Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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