2024 presidential candidates on taxes

2024 presidential candidates on the issues

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Presidential election
Presidential candidates
Republican nomination

Democratic nomination

This page includes statements from the 2024 presidential candidates on taxes. These statements were compiled from each candidate's official campaign website, editorials, speeches, and debates.

The candidates featured on this page were the noteworthy Democratic and Republican candidates in the 2024 presidential election. Only candidates who addressed this page's issue on their campaign website, in public statements, or in public speeches have a quote featured on this page. See something we missed? Email us. The active noteworthy presidential candidates as of November 5, 2025, were:

Kamala Harris (D)
Donald Trump (R)
Chase Oliver (L)
Jill Stein (G)

Taxes

Democratic candidates

Joe Biden

In a campaign speech Biden said, "You know, does anyone here think the tax code is fair? We have about a thousand billionaires in America now. We had 750 billionaires before the pandemic. You know what their tax rate is? Eight percent. E-I-G-H-T. Eight percent of a billion-dollar income. That’s less than a firefighter or a teacher pay. That’s wrong. That’s why I’m proposing a billionaire minimum tax. To get this billionaire minimum tax at just 25 percent, you know how much additional revenue that would generate? Four hundred and forty billion dollars over the next 10 years. Just 25 percent. That’s a hell of a lot less than all of you pay. Just 25 percent." ^{[source, as of 2023-11-28]}

Kamala D. Harris

Harris' campaign website said, "Vice President Harris and Governor Walz believe that working families deserve a break. That’s why under their plan more than 100 million working and middle-class Americans will get a tax cut. They will do this by restoring two tax cuts designed to help middle class and working Americans: the Child Tax Credit and the Earned Income Tax Credit. Through these two programs, millions of Americans get to keep more of their hard-earned income. They will also expand the Child Tax Credit to provide a $6,000 tax cut to families with newborn children. They believe no child in America should live in poverty, and these actions would have a historic impact. Unlike Donald Trump, Vice President Harris and Governor Walz are committed to ensuring no one earning less than $400,000 a year will pay more in taxes. They believe that we need to chart a New Way Forward by both making our tax system fairer and prioritizing investment and innovation. They will ensure the wealthiest Americans and the largest corporations pay their fair share, so we can take action to build up the middle class while reducing the deficit. This includes rolling back Trump’s tax cuts for the wealthiest Americans, enacting a billionaire minimum tax, quadrupling the tax on stock buybacks, and other reforms to ensure the very wealthy are playing by the same rules as the middle class. Under her plan, the tax rate on long-term capital gains for those earning a million dollars a year or more will be 28 percent, because when the government encourages investment, it leads to broad-based economic growth and creates jobs, which makes our economy stronger." ^{[source, as of 2024-09-09]}

Marianne Williamson

Williamson's campaign website said, "The Williamson Administration will champion the following policies in order to close the income gap and improve the economy: Enact fair taxes on the wealthy, corporations, and Wall Street, and reduce taxes on working people." ^{[source, as of 2023-12-19]}

Republican candidates

Ryan Binkley

Binkley's campaign website said, “We need a flatter, fairer tax system to foster growth in the economy and allow taxpayers the opportunity to save and invest for the future. I will reform the tax code like Ronald Reagan did. Be assured that a lack of revenue for the federal government is not the problem; too much spending is. Tax revenue to the federal government is more than 18 percent of the GDP; the problem lies in the fact that federal spending is more than 24 percent of the GDP.” ^{[source, as of 2023-12-19]}

Ron DeSantis

DeSantis' campaign website said, "DeSantis will work to not only extend the individual tax rates and further simplify the tax code, but also seek permanence. [...] DeSantis will seek a more competitive tax system that incentivizes long-term, domestic investment over financial speculation and short-term returns while purging the code of K Street carveouts and loopholes." ^{[source, as of 2023-12-19]}

Nikki Haley

In an op-ed Haley wrote, "Restoring freedom starts with financial freedom. Every middle-class family will get thousands of dollars in tax relief. We’ll completely eliminate the federal gas and diesel tax. We’ll cut income taxes for working families. And we’ll make the small-business relief in the 2017 tax cuts permanent. The goal is to create a tax code that’s so simple, every family can understand it — no accountant needed. That means getting rid of distortions that pick winners and losers. Look at the state-and-local-tax deduction, which mostly benefits high-income people in high-tax states. We shouldn’t force Tennessee working-class families to subsidize a wealthy family in California." ^{[source, as of 2023-09-25]}

Asa Hutchinson

Hutchinson's campaign website listed the following policy, "Cut taxes and reduce regulations to boost the private sector and enhance wages for American workers." ^{[source, as of 2023-12-19]}

Vivek Ramaswamy

Ramaswamy's campaign website said, "As a businessman and entrepreneur himself, he understands the value of innovation and growth, and he is committed to unleashing the full potential of the American economy. With his plan to reduce taxes and regulation, increase competition, and promote investment, Vivek is proposing bold and innovative policies that will create a climate of prosperity and growth for all Americans." ^{[source, as of 2023-12-21]}

Donald Trump

Trump's campaign website said, "President Trump’s vision for America’s economic revival is lower taxes, bigger paychecks, and more jobs for American workers." ^{[source, as of 2023-12-21]}