Share this infographic on your site!
2016 Presidential Candidates' Tax Proposal Guide
Current Tax Structure:Tax Rate for Married Couples:
10% $1 – $18,45015% $18,451 to $74,90025% $74,901 to $151,20028% $151,201 to $230,45033% $230,451 to $411,50035% $411,501 to $464,85039.60% over $464,850
Corporate Tax Rate: 20%
Other Taxes:
Payroll TaxEstate TaxCapital Gains TaxProperty Tax
Republicans
Jeb Bush
Income Tax:10%25%28%
2X Current EITC (Earned Income Tax Credit) Childless FilersAges 21-24
Corporate Tax Rate:20%
Payroll Tax:Ages +67 Exempt
Estate Tax:Eliminated
Rand Paul
Everything is 14.5%, except what isn't…
Income Tax:14.5%
Corporate Tax Rate:14.5%
Corporate Pass-Through Business Tax:14.5%
Capital Gains Tax:yes, also 14.5%
Not 14.5%:Payroll TaxEstate TaxAlternative Minimum Tax
Because they would no longer exist.
Marco Rubio
Income Tax:15% to $150k25%35%
Additional Child Tax Credit:+$2,500
+ Tax Credit for Businesses Providing Paid Family Leave
Corporate Tax Rate:25%
No More:Estate TaxAlternative Minimum TaxCapital Gains Tax
Donald Trump
Income Tax:0%10%20%25%35%
Corporate Tax Rate:15%
And No More:Estate TaxAlternative Minimum TaxCapital Gains Tax
Chris Christie
Income Tax:8%28%
Corporate Tax Rate:25%
Payroll Tax:Ages +62 and -25 Exempt
Permanent Research and Development Tax CreditCarly Fiorina
No Specific Tax Proposals
Ben Carson
Income Tax:10-15%
Ted Cruz
Income Tax:Mystery Flat Rate
Estate Tax:Eliminated
Democrats
Hillary Clinton
Income Tax:No Specific Proposal
Capital Gains Tax:24-39.6%
Itemized Deductions:Capped at 28%
Alternative Minimum Tax:$1M Income = 30% Minimum Tax
Rapid Financial Transaction TaxTax Credits:Permanent American Opportunity Tax CreditProfit-Sharing and Apprenticeship Tax Credit
Bernie Sanders
Income Tax:No Specific Proposal
Payroll Tax:.2% Fund Paid Family Leave TaxSocial Security payroll tax to +$250,000 earnings
Estate Tax:65% $3.5 Exemption Threshold
Financial Transaction Tax:0.005% – 0.5%
Martin O'Malley
Income Tax:No Specific Proposal
Payroll Tax:Social Security payroll tax to +$250,000 earnings
Financial Transaction TaxCitations: