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Trump vs. Biden: Proposed 2020 Tax Policies

Posted by Sweeney Conrad, PS on Oct 2, 2020 12:16:04 PM

In the report below, we lay out the tax policies of both of the major presidential candidates. This report was intended to be factual*, nonpartisan, and unbiased. As both candidates’ campaigns evolve, proposed policies may change from what is documented below.

Individual Taxation

Income Taxes-1

Capital Gains-2

Childcare Tax

Limitation of Itemized Deductions-1

Payroll Tax

ACA

Business Taxation

Corporate Tax Rates

QBI

Energy Tax Incentives

International Taxation

Repatriation-1

GILTI

*Source: CCH Tax Briefing, Wolters Kluwer, September 3, 2020

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