Bidenomics: Would the Vice President's Tax Plan Lead to a Boom or Bust?

This Abridge News topic aggregates four unique arguments on different sides of the debate. Here are the quick facts to get you started:

THE QUICK FACTS

• Democratic presidential nominee Joe Biden first released his proposed tax plan in April 2020, but has since added some recent proposals and clarifications.
• Biden’s tax plan includes raising the income tax rate on individuals making more than $400,000 yearly, and pushing the top income bracket back to the 39.6% rate it had before Republicans’ 2017 overhaul. 
• The plan also proposes raising the corporate tax rate, adding an additional payroll tax for those earning more than $400,000, and raising the minimum tax that multinational corporations pay on foreign profits.

CLICK TO VIEW OPINIONS ranging from Left-Leaning Reactions to Right-Leaning Reactions