![Comparing 2020 income tax proposals by Joe Biden, Pete Buttigieg, Bernie Sanders, and Elizabeth Warren. Trump payroll tax proposal](https://taxfoundation.org/wp-content/uploads/2018/10/money-300x200.jpg)
All Related Articles
![Comparing 2020 income tax proposals by Joe Biden, Pete Buttigieg, Bernie Sanders, and Elizabeth Warren. Trump payroll tax proposal](https://taxfoundation.org/wp-content/uploads/2018/10/money-300x200.jpg)
![Best and worst income tax codes in the country in 2019](https://taxfoundation.org/wp-content/uploads/2019/11/IndividualRanks-fv-011-300x255.png)
![Elizabeth Warren’s Plans Could Lead to Effective Tax Rates Over 100 Percent on Capital Income For Some](https://taxfoundation.org/wp-content/uploads/2019/11/linkedin-In-Stream_Wide___warren2-300x158.jpg)
Illustrating Senator Warren’s Taxes on Capital Income
Taken together, these proposed tax changes would significantly raise marginal and effective tax rates and increase the cost of capital, all of which would lead to a reduced level of output and less revenue than anticipated.
5 min read![refundable tax credits definition What are the 2021 Tax Brackets?What are the 2020 Tax Brackets? 2021 federal income tax brackets, 2020 federal income tax brackets](https://taxfoundation.org/wp-content/uploads/2019/11/2020-tax-brackets-tax-filing-e1573749574623-300x199.jpeg)
2020 Tax Brackets
The IRS recently released the new 2020 tax brackets and rates. Explore updated credits, deductions, and exemptions, including the standard deduction & personal exemption, Alternative Minimum Tax (AMT), Earned Income Tax Credit (EITC), Child Tax Credit (CTC), capital gains brackets, qualified business income deduction (199A), and the annual exclusion for gifts.
5 min read![How do taxes in Lithuania compare internationally?](https://taxfoundation.org/wp-content/uploads/2019/11/Lithuania-flag-300x225.jpg)
Welcome to the Index, Lithuania!
5 min read![Considering the economic impact of a wealth tax on innovation.](https://taxfoundation.org/wp-content/uploads/2019/11/invent-innovation-e1573589198808-300x200.jpg)
Proponents of Wealth Taxation Must Consider its Impact on Innovation
Instead of raising revenue from a narrow tax base through high tax rates, policymakers should identify options to raise revenue efficiently through broad-based taxes consistent with sound tax policy.
4 min read![Bipartisan Emergency Coronavirus Relief Act of 2020, Millionaire's surtax, millionaires surtax, Van Hollen, Don Beyer](https://taxfoundation.org/wp-content/uploads/2019/06/capitol-us-capitol-building-federal-tax-policy-hill-event-e1568319729135-300x200.jpeg)
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Reviewing the Deadweight Loss Effects of High Tax Rates
Deadweight loss effects demonstrate why policymakers should pursue a more efficient tax code to achieve distributional objectives, rather than pursuing high tax rates that create disproportionately high economic costs.
3 min read![Pittsburgh Jock Tax, Pittsburgh Tax, Pittsburgh Steelers](https://taxfoundation.org/wp-content/uploads/2019/11/AdobeStock_133973662-e1573225796557-300x200.jpeg)
![Election 2019: Ballot Measures, Texas Constitutional Amendment income tax ban, Texas ban on income tax, proposition 4, Texas voters approve constitutional ban on state income tax, Election Day 2019, Election 2019 results, Election Results](https://taxfoundation.org/wp-content/uploads/2019/11/Colorado-Red-Rocks-e1573075465423-300x200.jpeg)
![Carbon Tax Rankings](https://taxfoundation.org/wp-content/uploads/2023/11/Carbon-Tax-Research-300x169.jpeg)
Carbon Tax and Revenue Recycling: Revenue, Economic, and Distributional Implications
In our new report, we explore the design implications of a carbon tax and provide estimates for revenue, economic, and distributional effects of three potential carbon tax and revenue recycling proposals. Each proposal faces different trade-offs and achieves different policy goals.
23 min read![2019 Election Day 2019, state and local tax ballot measure results, 2019 tax ballot measures, 2019 ballot results](https://taxfoundation.org/wp-content/uploads/2019/11/State-Ballot-Measure-Results-2019-02-e1572899140330-300x200.png)
Results of 2019 State and Local Tax Ballot Initiatives
Election Day 2019 will feature notable tax-related ballot measures in California, Colorado, New Mexico, Pennsylvania, Texas, and Washington. Once the polls close tonight, beginning with Pennsylvania and Texas at 8 PM EST, we will begin tracking the results as they come in.
4 min read![France tax plan, France business tax plan, France tax cuts, French tax cuts, France personal income tax cuts, French income tax cuts, France Unveils Billions in Tax Cuts to Reset Pro-Business Plan, The French government said it would reduce taxes on individuals and businesses, Emmanuel Macron, France business tax reform, France business tax plan, 2020 France tax plan, 2020 France tax cuts](https://taxfoundation.org/wp-content/uploads/2019/10/France-arch-e1572542797843-300x195.jpg)
![NCAA scholarships, NCAA student-athletes tax, Richard Burr NCAA scholarship, Richard Burr scholarship tax, tax scholarships](https://taxfoundation.org/wp-content/uploads/2019/10/college-football-NCAA-3-e1572469234567-300x184.jpg)
![Inflation Reduction Act book minimum tax Inflation Reduction Act accelerated depreciation change in corporate tax liablities, book tax, or corporate minimum tax congressional budget office cbo Eliminating the alternative minimum tax eliminating the AMT inflation indexing, inflation adjusting state tax codes, traditional CPI, index brackets for inflation, index for inflation](https://taxfoundation.org/wp-content/uploads/2019/10/economic-analysis-e1572294890385-300x201.jpeg)
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![State and local tax ballot measures to watch on election day 2019, 2019 state tax ballot measures, 2019 local tax ballot measures, election 2019 results](https://taxfoundation.org/wp-content/uploads/2019/10/vote-e1572283092151-300x200.jpg)
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![Greece tax cuts, Greece tax reform, Greece tax competitivness](https://taxfoundation.org/wp-content/uploads/2019/10/Greece-3-300x187.jpg)