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Brookings Institution

How the Trump and Clinton tax plans would affect Americans

For America's wealthiest families, the presidential campaign presents a stark choice: A big tax increase if Hillary Clinton wins the election — or a big tax cut if Donald Trump wins.

For everyone else? Right now, neither candidate is proposing major tax changes.

Tax policy is probably where the two nominees differ the most. On trade, Clinton has backed off her previous support for free trade agreements and, like Trump, now opposes the Trans-Pacific Partnership, a pact involving the U.S. and 11 other nations.

And Trump has said he will spend twice as much on building and repairing roads, airports and other infrastructure as Clinton would.

On trade and...

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