Understanding Donald Trump and Hillary Clinton's Tax Plans
5,339
by Super User, 9 years ago
In which John Green compares the tax proposals of Hillary Clinton and Donald Trump, and looks at what the tax system and budget would look like for different families. There's also a brief introduction to federal income tax here in the United States, and some discussion of the candidates' budget proposals.
SOURCES:
The Tax Policy Center's excellent and detailed analysis of Democrat Hillary Clinton's tax plan: http://www.taxpolicycenter.org/publications/updated-analysis-hillary-clintons-tax-proposals
The Tax Policy Center's analysis of Republican Donald Trump's tax plan: http://www.taxpolicycenter.org/publications/analysis-donald-trumps-revised-tax-plan
Much of the information in this video came from the Tax Foundation's analysis of Clinton's tax proposals: http://taxfoundation.org/sites/default/files/docs/TaxFoundation-FF496.pdf
And of Trump's: http://taxfoundation.org/article/details-and-analysis-donald-trump-tax-reform-plan-september-2016
Lily Batchelder's paper explaining why Trump's tax plan would result in tax increases for 7.8 million households: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2842802
and a politifact story on the same topic: http://www.politifact.com/truth-o-meter/statements/2016/sep/27/hillary-clinton/hillary-clinton-correctly-cites-outside-analyses-t/
Donald Trump's tax plan would boost the debt much more than Clinton's, and would put U.S. debt held by the public over 100% of GDP in the next decade according to the Committee for a Responsible Federal Budget: http://crfb.org/papers/promises-and-price-tags-preliminary-update
The CRFB explains Trump's budget cut proposals here: http://crfb.org/blogs/explaining-donald-trumps-penny-plan-non-defense-spending And his plan for increased defense spending here: http://crfb.org/blogs/how-much-would-trumps-new-defense-plan-cost
Chart of our publicly held debt to GDP ratio came from here: https://en.wikipedia.org/wiki/National_debt_of_the_United_States
The Tax Policy Center has an excellent chart explaining effective tax rates by income size that you'll enjoy if you're into this kind of stuff: http://www.taxpolicycenter.org/statistics/effective-tax-rate-size-income
HUGE THANKS to Mark Olsen for graphics, Rosianna Halse Rojas for graphics and fact-checking, and Amanda McCloughlin and Adriene Hill for fact-checking. Any errors are entirely my own.
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SOURCES:
The Tax Policy Center's excellent and detailed analysis of Democrat Hillary Clinton's tax plan: http://www.taxpolicycenter.org/publications/updated-analysis-hillary-clintons-tax-proposals
The Tax Policy Center's analysis of Republican Donald Trump's tax plan: http://www.taxpolicycenter.org/publications/analysis-donald-trumps-revised-tax-plan
Much of the information in this video came from the Tax Foundation's analysis of Clinton's tax proposals: http://taxfoundation.org/sites/default/files/docs/TaxFoundation-FF496.pdf
And of Trump's: http://taxfoundation.org/article/details-and-analysis-donald-trump-tax-reform-plan-september-2016
Lily Batchelder's paper explaining why Trump's tax plan would result in tax increases for 7.8 million households: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2842802
and a politifact story on the same topic: http://www.politifact.com/truth-o-meter/statements/2016/sep/27/hillary-clinton/hillary-clinton-correctly-cites-outside-analyses-t/
Donald Trump's tax plan would boost the debt much more than Clinton's, and would put U.S. debt held by the public over 100% of GDP in the next decade according to the Committee for a Responsible Federal Budget: http://crfb.org/papers/promises-and-price-tags-preliminary-update
The CRFB explains Trump's budget cut proposals here: http://crfb.org/blogs/explaining-donald-trumps-penny-plan-non-defense-spending And his plan for increased defense spending here: http://crfb.org/blogs/how-much-would-trumps-new-defense-plan-cost
Chart of our publicly held debt to GDP ratio came from here: https://en.wikipedia.org/wiki/National_debt_of_the_United_States
The Tax Policy Center has an excellent chart explaining effective tax rates by income size that you'll enjoy if you're into this kind of stuff: http://www.taxpolicycenter.org/statistics/effective-tax-rate-size-income
HUGE THANKS to Mark Olsen for graphics, Rosianna Halse Rojas for graphics and fact-checking, and Amanda McCloughlin and Adriene Hill for fact-checking. Any errors are entirely my own.
----
Subscribe to our newsletter! http://nerdfighteria.com/newsletter/
And join the community at http://nerdfighteria.com http://effyeahnerdfighters.com
Help transcribe videos - http://nerdfighteria.info
John's twitter - http://twitter.com/johngreen
John's tumblr - http://fishingboatproceeds.tumblr.com
Hank's twitter - http://twitter.com/hankgreen
Hank's tumblr - http://edwardspoonhands.tumblr.com
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Super User uploaded a new media, Understanding Donald Trump and Hillary Clinton's Tax Plans
9 years ago
