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What Each Presidential Candidate's Tax Plan Will Mean For You10:57
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Members of the media surround copies of the President Obama's fiscal 2017 federal budget as they arrive on Capitol Hill last Tuesday. (AP Photo/Andrew Harnik)MoreCloseclosemore
Members of the media surround copies of the President Obama's fiscal 2017 federal budget as they arrive on Capitol Hill last Tuesday. (AP Photo/Andrew Harnik)

We'll break down what each major presidential candidate means when talking about tax policy changes.

Guest

Beth Logan, tax professional and author of "The Voters' Guide To Tax Policy."

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Tax Foundation: A Comparison Of Presidential Tax Plans And Their Economic Effects

  • "Whether a candidate proposes reforming the entire tax code, or enacting a new tax to pay for a new government program, it is critical that voters understand how candidates’ plans to change the means by which the government raises revenue will impact the broader economy."

FiveThirtyEight: No One Can Agree How Much The Presidential Candidates’ Tax Plans Will Cost

  • "First, this week’s jumbled headlines notwithstanding, there is actually a lot that the experts do agree on. The Republican plans, especially Donald Trump’s, would reduce federal revenues by trillions of dollars. Sanders’s plan would increase both taxing and spending by trillions (the disagreement surrounds whether the new taxes would pay for all the new spending)."

This segment aired on February 29, 2016.

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