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This site is here to help you understand how our presidential candidates are likely to affect your taxes, specifically looking at the federal income tax.

Your individual taxes will differ based on exemptions, deductions, and other factors. Also, tax policies will need to be approved by Congress (so your down ballot votes matter!), and may change.

Quick summary of tax plan differences

Not including deductions, if your household income is lower than $175,000 per year (for joint filing) or $87,500 (for individual filing), you will pay higher taxes under Trump/Project 2025. High-income Americans will pay higher taxes under Harris.

Both candidates also offer child tax credits. Under Harris, families will receive $6,000/year for children under 2, $3,600/year for children 2-6, and $3,000/year for children 6-17. Under Trump, families would continue receiving $2,000/year per child. (Source)

Note: For the sake of simplicity, the calculator assumes children are between 6-17. Under Harris, families with younger children would receive $600 to $3,000/year more than our calculator shows.

Taxes under Harris

Kamala Harris has a full write-up of her tax plan here. Harris has promised not to increase taxes for anyone earning less than $400,000/year (source). Here is how your income tax is currently calculated.

Taxes under Trump

Donald Trump's official Agenda 47 does not include a comprehensive tax plan write-up. We think the Project 2025 plan—a comprehensive agenda for Trump's 2nd term—is the best available indicator of what he’s likely to do. Trump, his VP, and many of his former administration’s staffers are heavily involved with the project. There are also multiple reports of plans to implement Project 2025 if Trump wins a second term.

This site's income tax calculations are based on changes proposed in page 696 of the Project 2025 Presidential Transition Project document:

"Intermediate Tax Reform. The Treasury should work with Congress to simplify the tax code by enacting a simple two-rate individual tax system of 15 percent and 30 percent that eliminates most deductions, credits and exclusions. The 30 percent bracket should begin at or near the Social Security wage base to ensure the combined income and payroll tax structure acts as a nearly flat tax on wage income beyond the standard deduction."

The proposed new tax brackets are simpler than the existing brackets. When compared to the existing tax brackets, they take money from middle-income Americans and give it to high-income Americans.

See here for more on Trump’s connection to the authors of the Project 2025 plan.

About Us

This website was built by a few friends unaffiliated with any political party, campaign, or PAC hoping to inform voters. Please register, vote, and encourage your friends and family to do so as well.