Election 2000
Taxes

 

  Bush
    Gore
 
  • Calls for 1.3 trillion dollars in across-the-board tax cuts over 10 years and simplifying income tax rates at all levels.
  • Wants a repeal of the estate tax by 2009 and a reducation of the marriage penalty.
  • Would set aside entire estimated Social Security surplus to protect the program.
  • Supports doubling the child tax credit to $1,000.
  • Supports tax incentives for charitable donations.
  • Has promised no new taxes.
  •    
  • Calls for about $500 billion in tax cuts over 10 years targeting the middle class.
  • Favors eliminating the marriage penalty for families receiving the Earned Income Tax Credit and reducing the marriage penalty in general by raising the standard deduction.
  • Would set aside entire estimated Social Security surplus to protect the program.
  • Wants $432 billion from the surplus to protect Medicare and fund prescription drug benefits.
  • Supports the current child credit of $500 and backs raising the threshhold for child tax credit eligibility.
  • Backs a retirement savings plan for low and middle income families without employer plans.
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