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https://www.forbes.com/sites/danielcassady/2020/10/15/new-biden-tax-plan-cuts-hikes-by-almost-half-analysts-say/

New Biden Tax Plan Cuts Hikes By Almost Half, Analysts Say

2020-10-15 00:00:00, Daniel Cassady, Forbes

Content Categorization
/Finance/Accounting & Auditing/Tax Preparation & Planning
/Business & Industrial

Word Count:
362

Words/Sentence:
23

Reading Time:
2.41 min

Reading Quality:
Adept

Readability:
13th to 15th

Media Sentiment
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RCS Analysis
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Risk Score
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PESTEL Scope
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Entity Word Cloud
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Auto Summary
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[+] boards his campaign plane at Cincinnati/Northern Kentucky International Airport, in Hebron, Ky., Monday, Oct. 12, 2020, en route to Wilmington, Del.

Further Reading

An Updated Analysis of Former Vice President Biden's Tax Proposals (The Tax Policy Center)

"Biden's plan is a 14% tax hike on middle class families."

(AP Photo/Carolyn Kaster)

Key Facts

The Tax Policy Center estimated Biden's tax increases would bring in about $2.4 trillion dollars, compared to the center's March estimate of $4 trillion.

Chief Critic

President Donald Trump's reelection campaign released an ad on October 12 saying Biden wanted to raise taxes 14% on middle class families.

Key Background

The Biden campaign has offered over 50 tax plans, many of which took aim at businesses and the affluent, and resembled plans Biden advocated when he served under President Barack Obama, according to Politico.

Keywords

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