Joe Biden, Kamala Harris, and Bernie Sanders are among the leading Democratic presidential candidates. Here's where they stand on the US economy.
How the top Democratic candidates would transform the US economyBiden often talks about economic inequality. He wants to close the wealth gap by reversing Trump's tax cuts for the wealthy and give everyone an equal chance to access good healthcare, education, and housing.After announcing her 2020 candidacy, Warren proposed the"Ultra-Millionaire Tax." She says this plan could generate $2.75 trillion in revenue in 10 years.
Her policy would reverse the Trump tax cut that benefitted big corporations and the top 1%. The new tax revenues would go toward a tax credit of up to $6,000 for working families.Buttigieg believes there should be a big investment in US infrastructure. He also wants to reduce the cost of college and make it debt-free for low-income families. Buttigieg wants to accomplish this through a state-federal partnership.O'Rourke proposed a detailed economic plan to combat climate change.
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