2020 Election: A Redo on Taxes

Under Biden’s plan, tax hikes will be limited to people who make more than $400,000. Trump has also expressed an interest in tax relief for middle-class workers.

(Image credit: Illustration by Neil Webb)

Joe Biden says his tax plan would increase taxes on the wealthy and offer breaks for the middle class, but at least one of his proposals could boost taxes farther down the income ladder.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here