http://www.vox.com/policy-and-politics/2016/3/25/11298868/simple-charts-tax-plans
To give you a quick primer, here's what each candidate proposes to do:
- Donald Trump proposes huge tax cuts across the board, but especially large cuts for the wealthy. But he doesn't have explicit offsetting spending cuts.
- Ted Cruz proposes huge cuts across the board as well, and even larger cuts for the wealthy. He proposes a 10 percent flat rate on income tax and a 16 percent value-added tax.
- Hillary Clinton wants to keep things mostly the same. She does propose raising taxes, but most increases are for wealthier households, while lower-income families aren't affected much.
- Bernie Sanders proposes tax increases across the board, but wealthier households would face massive tax hikes. This is to pay for new spending programs, like health care and education.
If you want to know what would happen to you specifically, use our calculator here:
http://election2016.taxpolicycenter.org/2016/03/25/voxs-new-presidential-tax-calculator/
