Politico Democratic Primary 2020: on Tax Reform


Joe Sestak: Boost estate taxes to 45% on wealthiest 400 families

Joe Sestak on Wealth Taxes: Boost taxes on wealthy Americans.

EIGHT CANDIDATES HAVE SIMILAR VIEWS: Peter Buttigieg; John Delaney; Seth Moulton; Beto O`Rourke; Bernard Sanders; Tom Steyer; Elizabeth Warren; Marianne Williamson.

Tom Steyer has proposed a 1 percent tax on the wealthiest 0.1 percent of Americans. Former Rep. Joe Sestak advocates raising the estate tax rate to 45 percent and lowering the exemption to $3.5 million for the 400 wealthiest families in the country.

Source: Politico "2020Dems on the Issues" Jul 17, 2019

John Delaney: Tax capital gains at the same rate as ordinary income

John Delaney on Capital Gains Taxes : Increase the capital gains tax rate.

SEVEN CANDIDATES HAVE SIMILAR VIEWS: Joseph Biden, Jr.; Cory Booker; John Hickenlooper; Amy Klobuchar; Seth Moulton; Bernard Sanders; Andrew Yang.

Delaney & Moulton would tax capital gains at the same rate as ordinary income. Sanders favors ending the capital gains break for those with household income above $250,000. Biden advocates doubling the tax rate for those making over $1 million.

Source: Politico "2020Dems on the Issues" Jul 17, 2019

Marianne Williamson: Boost taxes on wealthy Americans

Marianne Williamson on Wealth Taxes: Boost taxes on wealthy Americans.

EIGHT CANDIDATES HAVE SIMILAR VIEWS: Peter Buttigieg; John Delaney; Seth Moulton; Beto O`Rourke; Bernard Sanders; Joseph Sestak; Thomas Steyer; Elizabeth Warren.

Sen. Warren has proposed a 2% annual tax on household net worth between $50 million and $1 billion, and a 3% tax on net worth above $1 billion. Rep. Delaney supports imposing a 30% tax on individuals earning more than $1 million. Sen. Sanders proposes to hike estate taxes, up to 77% for estates valued above $1 billion; and creating a 1% tax on household net worth over $21 million. Rep. Moulton wants to lower the estate tax exemption to $3 million for individuals and $7 million, from $11.4 million and $22.8 million. Steyer has proposed a 1% tax on the wealthiest 0.1% of Americans. Rep. Sestak advocates raising the estate tax rate to 45% and lowering the exemption to $3.5 million for the 400 wealthiest families in the country.

Source: Politico "2020Dems on the Issues" Jul 17, 2019

Seth Moulton: Tax capital gains at the same rate as ordinary income

Seth Moulton on Capital Gains Taxes : Increase the capital gains tax rate.

SEVEN CANDIDATES HAVE SIMILAR VIEWS: Joseph Biden, Jr.; Cory Booker; John Delaney; John Hickenlooper; Amy Klobuchar; Bernard Sanders; Andrew Yang.

Delaney & Moulton would tax capital gains at the same rate as ordinary income. Sanders favors ending the capital gains break for those with household income above $250,000. Biden advocates doubling the tax rate for those making over $1 million.

Source: Politico "2020Dems on the Issues" Jul 17, 2019

Tom Steyer: Boost taxes 1% on wealthiest 0.1% of Americans

Tom Steyer on Wealth Taxes: Boost taxes on wealthy Americans.

EIGHT CANDIDATES HAVE SIMILAR VIEWS: Peter Buttigieg; John Delaney; Seth Moulton; Beto O`Rourke; Bernard Sanders; Joseph Sestak; Elizabeth Warren; Marianne Williamson.

Tom Steyer has proposed a 1 percent tax on the wealthiest 0.1 percent of Americans. Former Rep. Joe Sestak advocates raising the estate tax rate to 45 percent and lowering the exemption to $3.5 million for the 400 wealthiest families in the country.

Source: Politico "2020Dems on the Issues" Jul 17, 2019

  • The above quotations are from Politico 2020Dems on the Issues.
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  • Click here for more quotes by Pete Buttigieg on Tax Reform.
2020 Presidential contenders on Tax Reform:
  Republicans:
Gov.John Kasich(OH)
V.P.Mike Pence(IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(NY)
Gov.Bill Weld(MA)
Democrats:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Mayor Bill de Blasio (D-NYC)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Larry Hogan (D-MD)
Gov.Jay Inslee (D-WA)
Sen.Amy Klobuchar (D-MN)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Sen.Bernie Sanders (I-VT)
Adm.Joe Sestak (D-PA)
CEO Tom Steyer (D-CA)
Rep.Eric Swalwell (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
V.P.Mike Pence (R-IN)
Howard Schultz(I-WA)
V.C.Arvin Vohra (L-MD)
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Page last updated: Jul 20, 2019