What Are the Tax Plans of the Major Parties' Presidential Candidates?

Article Highlights:

  • Tax Issues 
  • Current Law 
  • Trump Proposals 
  • Biden Proposals 
As the November elections approach, you might want to know what the two front-running presidential candidates’ tax plans for the future are. The following is an overview of their positions, at least what is known now. However, the political and economic landscapes can change, and there is no assurance these plans won’t be revised or that they will have eventual Congressional backing. However, the information may be helpful as you look toward future tax planning.

(Click the image to increase size)

These are just proposals of what changes might happen based on the election results. It takes acts of Congress to move plans into law. With various scenarios in play, it might be wise to look at proactive tax planning to minimize future tax liability. Please feel free to contact our office to schedule an appointment.

Share this article...

Want our best tax and accounting tips and insights delivered to your inbox?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .

Let us take your tax and accounting needs off your hands today.

Social Media

Location (In-House & Virtual)

5011 Arbutus Ave
Baltimore, Maryland 21215
Frequently Asked Question PracticeBot Questions
Thank you for contacting us and we want to direct you to the right place.
Please fill out the form and our team will get back to you shortly The form was sent successfully