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Compare and Contrast the Republican and Democratic Tax Platforms

Information in this article is from 2016 and may no longer be factual. Please see our tax solutions and blog to stay up to date.

With both major political party conventions finally behind us, it’s time to focus on the upcoming national election. Among their many differences, the Republicans and Democrats have widely divergent tax platforms. While platforms are always relatively nonspecific and not necessarily synced with what the presidential candidates have in mind, it’s still good to know what tax positions the two parties and their presidential candidates have staked out.

Here’s a quick summary: