2020 Democratic Presidential Campaign Tax Proposals

As the 2020 Democratic presidential campaigns gear up, our experts provide leading tax policy research and analysis on the latest proposals, including a wealth tax, a financial transactions tax, a universal basic income, and a surtax on corporate profits.

Reviewing Elizabeth Warren’s Tax Proposals to Fund Medicare for All

Unpacking Biden’s Tax Plan for Capital Gains

What the U.S. Can Learn from the Adoption (and Repeal) of Wealth Taxes in the OECD

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

Does Andrew Yang’s “Freedom Dividend” Proposal Add Up?

A Financial Transactions Tax Is A Retread of Bad Ideas

Comparing Ordinary Income Tax Rate Proposals by 2020 Presidential Candidates

November 20, 2019

Wealth Taxes in Europe

November 20, 2019

Illustrating Senator Warren’s Taxes on Capital Income

November 15, 2019

Tracking the 2020 Presidential Tax Plans

November 20, 2019

Tax policy has become one of the major issues of the 2020 presidential campaign. Now with our new interactive tool, you can keep track of all the tax plans proposed by the presidential candidates during the 2020 Election cycle.

Proponents of Wealth Taxation Must Consider its Impact on Innovation

November 12, 2019

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

November 11, 2019

Tax Interactions in Senator Warren’s “Medicare for All” Proposal Would Reduce Potential Revenue

November 6, 2019

Reviewing Elizabeth Warren’s Tax Proposals to Fund Medicare for All

November 1, 2019

Elizabeth Warren released a detailed plan on how she would fund Medicare For All, proposing a wealth tax, financial transactions tax, mark-to-market taxation of capital gains income, and a country-by-county minimum tax, among other reforms.

Booker’s Plan to Eliminate Step-up in Basis and Expand the Estate Tax

September 27, 2019

Senator Sanders Proposes a Tax on “Extreme” Wealth

September 25, 2019

Bernie Sanders recently became the second major Democratic presidential candidate to propose a wealth tax.

Senator Bennet’s Plan to Expand the EITC

September 20, 2019

Unpacking Biden’s Tax Plan for Capital Gains

July 31, 2019

Does Andrew Yang’s “Freedom Dividend” Proposal Add Up?

July 24, 2019

The Unintended Consequences of Senator Booker’s “Renters Credit”

June 12, 2019

Business in America

May 28, 2019

Who are the workers, consumers, and shareholders who interact with businesses in the U.S.? What forms do these businesses take? How do business taxes impact people’s lives? It is essential we answer these questions in order to design a business tax system that is simple, efficient, and enables economic progress.

A Property Tax is a Wealth Tax, but…

April 30, 2019

An Analysis of Senator Warren’s ‘Real Corporate Profits Tax’

April 18, 2019

Sen. Warren's “Real Corporate Profits Tax” would reduce after-tax income for taxpayers at all income levels and reduce the incentive to invest in the United States, resulting in a 1.9 percent smaller economy, 1.5 percent lower wages, and 454,000 fewer full-time jobs.

Putting a Face on America’s Tax Returns

March 11, 2019

Who really bears the burden of federal taxes? Who benefits from credits and deductions and by how much? How progressive is our current tax system and what role do taxes play in the debate over income inequality?

Sanders’ Estate Tax Plan Won’t Likely Raise the Revenue Intended

January 31, 2019

What the U.S. Can Learn from the Adoption (and Repeal) of Wealth Taxes in the OECD

January 30, 2019

Sen. Warren’s Wealth Tax Is Problematic

January 24, 2019

Sen. Elizabeth Warren recently proposed a wealth tax on high-net-worth individuals, a type of tax that is poorly targeted, difficult to administer, and raises constitutional questions.

How Much Revenue Would a 70% Top Tax Rate Raise? An Initial Analysis

January 14, 2019

Due to a narrow tax base and a decrease in capital gains realizations, Congresswoman Ocasio-Cortez's plan to tax income above $10 million would not raise as much revenue as intended. See our 10-year revenue estimates.

Analysis of Sen. Kamala Harris’s “LIFT the Middle-Class Act”

October 24, 2018

Proposed Corporate Rate Hike Would Damage Economic Output

August 23, 2018

Raising the corporate tax rate would reduce economic growth and lead to a smaller capital stock, lower wage growth, and reduced employment.

Senator Harris’s Rent Relief Tax Credit is a Well-Intentioned Misfire

July 25, 2018

A Financial Transactions Tax Is A Retread of Bad Ideas

June 20, 2018

Comparing Ordinary Income Tax Rate Proposals by 2020 Presidential Candidates

November 20, 2019

Illustrating Senator Warren’s Taxes on Capital Income

November 15, 2019

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

November 11, 2019

Tax Interactions in Senator Warren’s “Medicare for All” Proposal Would Reduce Potential Revenue

November 6, 2019

Reviewing Elizabeth Warren’s Tax Proposals to Fund Medicare for All

November 1, 2019

Elizabeth Warren released a detailed plan on how she would fund Medicare For All, proposing a wealth tax, financial transactions tax, mark-to-market taxation of capital gains income, and a country-by-county minimum tax, among other reforms.

A Property Tax is a Wealth Tax, but…

April 30, 2019

An Analysis of Senator Warren’s ‘Real Corporate Profits Tax’

April 18, 2019

Sen. Warren's “Real Corporate Profits Tax” would reduce after-tax income for taxpayers at all income levels and reduce the incentive to invest in the United States, resulting in a 1.9 percent smaller economy, 1.5 percent lower wages, and 454,000 fewer full-time jobs.

What the U.S. Can Learn from the Adoption (and Repeal) of Wealth Taxes in the OECD

January 30, 2019

Sen. Warren’s Wealth Tax Is Problematic

January 24, 2019

Sen. Elizabeth Warren recently proposed a wealth tax on high-net-worth individuals, a type of tax that is poorly targeted, difficult to administer, and raises constitutional questions.

Proposed Corporate Rate Hike Would Damage Economic Output

August 23, 2018

Raising the corporate tax rate would reduce economic growth and lead to a smaller capital stock, lower wage growth, and reduced employment.

Comparing Ordinary Income Tax Rate Proposals by 2020 Presidential Candidates

November 20, 2019

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

November 11, 2019

Unpacking Biden’s Tax Plan for Capital Gains

July 31, 2019

Proposed Corporate Rate Hike Would Damage Economic Output

August 23, 2018

Raising the corporate tax rate would reduce economic growth and lead to a smaller capital stock, lower wage growth, and reduced employment.

Comparing Ordinary Income Tax Rate Proposals by 2020 Presidential Candidates

November 20, 2019

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

November 11, 2019

Senator Sanders Proposes a Tax on “Extreme” Wealth

September 25, 2019

Bernie Sanders recently became the second major Democratic presidential candidate to propose a wealth tax.

Sanders’ Estate Tax Plan Won’t Likely Raise the Revenue Intended

January 31, 2019

Proposed Corporate Rate Hike Would Damage Economic Output

August 23, 2018

Raising the corporate tax rate would reduce economic growth and lead to a smaller capital stock, lower wage growth, and reduced employment.

A Financial Transactions Tax Is A Retread of Bad Ideas

June 20, 2018

Comparing Ordinary Income Tax Rate Proposals by 2020 Presidential Candidates

November 20, 2019

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

November 11, 2019

Does Andrew Yang’s “Freedom Dividend” Proposal Add Up?

July 24, 2019

Analysis of Sen. Kamala Harris’s “LIFT the Middle-Class Act”

October 24, 2018

Proposed Corporate Rate Hike Would Damage Economic Output

August 23, 2018

Raising the corporate tax rate would reduce economic growth and lead to a smaller capital stock, lower wage growth, and reduced employment.

Senator Harris’s Rent Relief Tax Credit is a Well-Intentioned Misfire

July 25, 2018

Booker’s Plan to Eliminate Step-up in Basis and Expand the Estate Tax

September 27, 2019

The Unintended Consequences of Senator Booker’s “Renters Credit”

June 12, 2019

Senator Bennet’s Plan to Expand the EITC

September 20, 2019

Evaluating Democratic Presidential Candidates’ Proposals to Raise the Corporate Income Tax Rate

November 11, 2019

Comparing Ordinary Income Tax Rate Proposals by 2020 Presidential Candidates

November 20, 2019

Wealth Taxes in Europe

November 20, 2019

Tracking the 2020 Presidential Tax Plans

November 20, 2019

Tax policy has become one of the major issues of the 2020 presidential campaign. Now with our new interactive tool, you can keep track of all the tax plans proposed by the presidential candidates during the 2020 Election cycle.

Proponents of Wealth Taxation Must Consider its Impact on Innovation

November 12, 2019

Business in America

May 28, 2019

Who are the workers, consumers, and shareholders who interact with businesses in the U.S.? What forms do these businesses take? How do business taxes impact people’s lives? It is essential we answer these questions in order to design a business tax system that is simple, efficient, and enables economic progress.

Putting a Face on America’s Tax Returns

March 11, 2019

Who really bears the burden of federal taxes? Who benefits from credits and deductions and by how much? How progressive is our current tax system and what role do taxes play in the debate over income inequality?

How Much Revenue Would a 70% Top Tax Rate Raise? An Initial Analysis

January 14, 2019

Due to a narrow tax base and a decrease in capital gains realizations, Congresswoman Ocasio-Cortez's plan to tax income above $10 million would not raise as much revenue as intended. See our 10-year revenue estimates.

Proposed Corporate Rate Hike Would Damage Economic Output

August 23, 2018

Raising the corporate tax rate would reduce economic growth and lead to a smaller capital stock, lower wage growth, and reduced employment.