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Biden

Biden has cautioned about reopening the economy during the pandemic without increasing testing efforts nationwide.

If elected president, Biden has committed to raising the federal minimum wage to $15/hour.

He has proposed spending trillions to create new jobs in clean energy, manufacturing and caregiving, and to ease racial economic inequality.

Pledges to reverse some of Trump’s 2017 tax cuts by raising the marginal tax rate on the highest income earners back to 39.6% from 37%.

Biden's tax plan will not raise taxes on anyone who makes less than $400,000 a year.

The Economy

Trump

Trump pushed (and continues to push) states to reopen as quickly as possible during the pandemic. His calls for reopening came even as cases were spiking nationwide.

In 2017, Trump signed a tax bill into law that allowed for a 20% deduction on certain business income that passed through income loopholes. This tax law also doubled the amount of assets that are exempt from the estate tax from $5M to $11M per individual. (All of this to say, his tax bill was good for the 1%).

Trump has no interest in creating “green” jobs, nor does he want to raise the federal minimum wage.

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