Report Analyzes Biden Tax Proposal Estimates

Report Analyzes Biden Tax Proposal Estimates

Urban-Brookings Tax Policy Center

President Biden’s 2020 campaign tax proposals would likely raise between $1.6 billion and $1.8 billion over the next 10 years and reduce GDP over 2021 to 2030 by between 0.28 percent and 0.45 percent, according to an analysis of updated estimates released July 21 by the Urban-Brookings Tax Policy Center.

President Biden’s 2020 campaign tax proposals would likely raise between $1.6 billion and $1.8 billion over the next 10 years and reduce GDP over 2021 to 2030 by between 0.28 percent and 0.45 percent, according to an analysis of updated estimates released July 21 by the Urban-Brookings Tax Policy Center.

President Biden’s 2020 campaign tax proposals would likely raise between $1.6 billion and $1.8 billion over the next 10 years and reduce GDP over 2021 to 2030 by between 0.28 percent and 0.45 percent, according to an analysis of updated <a href="/lr/resolve//76x2v">estimates</a> released July 21 by the Urban-Brookings Tax Policy Center.