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Tax plans

A Democratic Senate could mean big economic policy changes

by Sabri Ben-Achour
Jan 7, 2021
A unified Democratic government might approve more stimulus, aid to states and tax hikes to fund health, education and green energy.
Jon Ossoff, left, and Raphael Warnock campaign with President-elect Joe Biden in Atlanta. With the victories of Ossoff and Warnock, Democrats will control the Senate.
Chip Somodevilla/Getty Images
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The GOP tax plan has fewer tax brackets and bigger deductions, but is light on details

by Kimberly Adams , Janet Nguyen and Nancy Marshall-Genzer
Sep 27, 2017
We’ll have three brackets instead of seven, with the option of a fourth for the wealthiest Americans.
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