Tax plans are likely going to be a big point of tension between Trump and Biden, as we head into an election amid an economic downturn.
Biden’s plan involves raising $4 trillion dollars in the next ten years, which would be contingent on Democratic control of the Senate. The plan involves levies on corporations, raising taxes on the wealthiest Americans and more.
We dive into the specific proposals laid out on Biden’s plan and their potential repercussions.
Mark Rickling, policy and legislative director at Americans for Tax Fairness, a left-leaning political advocacy group