To supplement our analysis of Biden’s tax proposals, we have created a web application that allows users to explore how Biden’s tax plan would impact their federal tax liability.
A recent Gallup Panel observed a major partisan gap in attitudes and behaviors related to COVID-19. One possible explanation for this variation is the difference in the severity of the pandemic and recession at the local level.
Using the Tax-Calculator (3.0.0) microsimulation model, we estimate that Joe Biden’s proposals would raise federal revenue by 2.8 trillion dollars over the next decade (2021–30).