Income Taxes

In the past few weeks, you’ve likely been inundated with pre-recorded phone calls, unsolicited opinions on Facebook, and a mailbox full of political flyers. With the presidential election looming, what effect will our decision have on taxes? Every candidate always makes campaign promises related to taxes, whether it’s closing loopholes, lowering tax rates, or completely overhauling the tax system. While it’s hard to say whether a candidate will be able to successfully follow through with these promises, we can, at the very least, attempt to compare the positions that they’ve taken during this campaign cycle. Let us briefly review the candidates’ tax plans.

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